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Pivot Trading EA

  • #1,401
  • Feb 15, 2019 4:47pm Feb 15, 2019 4:47pm
Hows the EA going. I just got a VPS sorted for a year so will try this for a longer test forward now.. On thing ive seen is the OP of the pivot trading (Davit) doesn't use the TDI anymore....
  • #1,402
  • Feb 15, 2019 6:05pm Feb 15, 2019 6:05pm
Quoting Emerald2112
Hows the EA going. I just got a VPS sorted for a year so will try this for a longer test forward now.. On thing ive seen is the OP of the pivot trading (Davit) doesn't use the TDI anymore....
v0.8 is doing well despite the market unheavals the past two weeks, it’s still an unfinished product and we are happy with its potential.

As Davit has improved his method further (no TDi, price action and news), our methods are different from his method. I think it is a good thing, it creates diversity and choices.

Green pips.
It's either going UP, or DOWN.
  • #1,403
  • Feb 15, 2019 11:14pm Feb 15, 2019 11:14pm
i am waiting for final v. to trade @ real. keep it up brother.
  • #1,404
  • Feb 16, 2019 4:34am Feb 16, 2019 4:34am
Hi,

My trades on week starting 11th. Trading starting lot 0.01 martingale 2.
Attached Image (click to enlarge)
Click to Enlarge Name: trades.png Size: 20 KB
  • #1,405
  • Feb 16, 2019 4:57am Feb 16, 2019 4:57am
Quoting WindChaser
{quote} v0.8 is doing well despite the market unheavals the past two weeks, it’s still an unfinished product and we are happy with its potential. As Davit has improved his method further (no TDi, price action and news), our methods are different from his method. I think it is a good thing, it creates diversity and choices. Green pips.
Ill load it onto a few charts from next week after a check out the setting to go with tomorrow. Cheers
  • #1,406
  • Mar 3, 2019 7:03am Mar 3, 2019 7:03am
Hi, from 25/02 to 01/03 before 0.01 lot size and then 0.05 lot size. Total profit 198.92 after 3 weeks.
thirteen pair - demo account - balance to start € 100 . set file Rkay
Attached Image (click to enlarge)
Click to Enlarge Name: DetailedStatement.gif Size: 5 KB
  • #1,407
  • Mar 4, 2019 9:03am Mar 4, 2019 9:03am
Quoting cinciri99
Hi, from 25/02 to 01/03 before 0.01 lot size and then 0.05 lot size. Total profit 198.92 after 3 weeks. thirteen pair - demo account - balance to start € 100 . set file Rkay {image}
Thanks for sharing, the EA is being improved upon on daily basis, the aim is to achieve solid long-term consistency in performance and profitability.

Some of you might be wondering why there are not many discussion here (or whether the EA is dead) -- The EA is fully alive and active, just that most of the discussions are happening in the Telegram chat group

When there are new EA version releases we will post the updates on Forex Factory, at least that's the plan for now.

Green pips to all.
It's either going UP, or DOWN.
  • #1,408
  • Mar 5, 2019 10:04am Mar 5, 2019 10:04am
Hi all, thanks for your patience, we are pleased to release v0.8.4, you can get the files here.

Please note there is an additional file (socket-library-mt4-mt5.mqh) you need to save in the Include folder of your MT4 terminal, before v0.8.4 can work properly.

The new version might not be able to continue the management of your current floating trades opened by v0.8.1, so for floating trades you will have to manually manage them.

New trades opened by v0.8.4 has a slightly different trade Comment - "r_pivot_v0.8.4: R61" is an example.

v0.8.4 has these features/fixes:
1. Pivot line drawing bug fixed (no need to restart MT4 terminal on Monday morning)
2. 4000 and 502 WebRequest Errors fixed (except the 5203 error which you can ignore)
3. A new setting on "Allowing Multi Trade Cycles from the same Pivot Levels"
4. An improved Cumulative Trailing Stop logic
5. More efficient Trade Data sync

Green pips!
It's either going UP, or DOWN.
  • #1,409
  • Mar 6, 2019 6:44am Mar 6, 2019 6:44am
Very unusual that you require a registration including name, Telegram ID, mail-address, user account number for a free EA...!
I never lose - either I win or I learn...
  • #1,410
  • Mar 6, 2019 7:13am Mar 6, 2019 7:13am
Quoting jdva
Very unusual that you require a registration including name, Telegram ID, mail-address, user account number for a free EA...!
Yes, it's required for EA protection and Fraud Control, v0.8 is free but it does not mean it can be abused by unscrupulous parties. As EA author we reserve the rights to protect our EA.

Lastly, this is not the only EA one can use, if anyone is not comfortable with registration, there are many other EA choices available in ForexFactory or MQL5.

Green pips.
It's either going UP, or DOWN.
  • #1,411
  • Mar 8, 2019 6:03am Mar 8, 2019 6:03am
hi. been testing this ea for 2 weeks and having amazing results!! check it out:

!!!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 49 KB


first week i used trade from all levels even 38. and this is what caused the DD and which left me with this floating trades. all the trades still running are from this last week. second week turned that off having experienced drawdown due to this. Definetly after the experience i found better not to trade from 38 levels. Still in the process of fine tuning. Still. this account was -4700 when i put eat on ( i know i should have put it in a clean chart-- and will this week to try other variables out at the same time and see which outperforms. Many good trades. sme got closed too early so trying to find out the perfecto combo to try and catch more of a move without risking leavig too many floating trades to cause the drawdown. EVEN with this DD the ea managed to keep doing trades and doubled account!!!!!
  • #1,412
  • Mar 8, 2019 8:08pm Mar 8, 2019 8:08pm
Quoting xpensive
hi. been testing this ea for 2 weeks and having amazing results!! check it out: !!!{image} first week i used trade from all levels even 38. and this is what caused the DD and which left me with this floating trades. all the trades still running are from this last week. second week turned that off having experienced drawdown due to this. Definetly after the experience i found better not to trade from 38 levels. Still in the process of fine tuning. Still. this account was -4700 when i put eat on ( i know i should have put it in a clean chart-- and...
hello good results there congrats.
are you using default set? on which pairs ?
  • #1,413
  • Mar 9, 2019 3:16pm Mar 9, 2019 3:16pm
Quoting mercilez
{quote} hello good results there congrats. are you using default set? on which pairs ?
i put the ea on 24 pairs. i modified defaults a bit. trying out diff variables.
  • #1,414
  • Mar 10, 2019 4:43pm Mar 10, 2019 4:43pm
Hello

Ive started chart setup on several pairs testing several multipair eas, this appears to be a well designed and very cleverly implemented ea

I only hope the strategy is as well implemented as the programmers ability!

Im also trying Easistan ea which is very similar logic so this is exciting to find bc thats a very good expert that has survived latest eurusd and gbpusd crash with 28 pairs on $200 acct lol! They recpmmend 10x the balance btw...

I look forward to testing and im glad you wont kick me out like Davit would as you see my username gives me away ;-]

Im trying very hard and only hope I can reach long term profitability with tools like these so I can keep working part time as well

Thanks OP very much for sharing your work, I believe sharing is a key element in the human race that has been left behind for self gain only... Great to see this
  • #1,415
  • Mar 10, 2019 8:08pm Mar 10, 2019 8:08pm
Quoting forexn00b81
Hello Ive started chart setup on several pairs testing several multipair eas, this appears to be a well designed and very cleverly implemented ea I only hope the strategy is as well implemented as the programmers ability! Im also trying Easistan ea which is very similar logic so this is exciting to find bc thats a very good expert that has survived latest eurusd and gbpusd crash with 28 pairs on $200 acct lol! They recpmmend 10x the balance btw... I look forward to testing and im glad you wont kick me out like Davit would as you see my username...
If you are new I recommend you use DEMO accounts and spend as much time learning, only when your demo accounts are making money consistently (average up your profit/losses for a few months), you can then start with a small real money account -- if you are new but choose to hurry into Forex, you will experience monetary losses.

There are way too many clueless traders who just want to try their luck by using real money and most of them ended up losing money. They think of Forex as the "Possibility" to make buckets of $, however many fail to understand Forex is a game of "Probability" and behind it, it's mathematics (technical) and economics (fundamental) driving prices up and down.

Green pips.
It's either going UP, or DOWN.
  • #1,416
  • Mar 10, 2019 8:57pm Mar 10, 2019 8:57pm
I agree I have used several eas and manual strategi successfully as well as unsuccessfully and have cautiously transitioned to a live acct where i mostly manual trade and use a few very good eas (tried 40, 36 are bad!)

I will really get to know this EA as it looks very promising but it will be on one of my 3 demo accts, one of which wnt from 10k - 70k - 10k in 2 weeks using only a overoptimized scalper ea...

slowly learning manual is key for agressive and ea is key for steady gain, AND it PAYS to listen to the voice of experience however I also know risk and reward go together closely.. I have a somewhat healthy appetite for risk and a decade of self employed sales has conditioned me for loss and taught me to never stop trying ever..

as a classicaly trained engineer (failed??) I have a tendency to devour information at a rate that is exhausting stupid brain doesnt turn off 20 hrs at a time!

Thanks for taking the time to respond.. I look to failing forward ;-)
  • #1,417
  • Edited 11:02pm Mar 11, 2019 6:30pm | Edited 11:02pm
Any way to see a trade explorer to verify mine is acting normally? Not a single trade open so far on 17 pairs all default settings on 20k demo...

GBPUSD had some great price action today and I would have expected it to trigger from r78 or r61.8 but nothing

see attached
Attached Image (click to enlarge)
Click to Enlarge Name: rAlgo r78 notrade.jpg Size: 253 KB
  • #1,418
  • Mar 11, 2019 11:24pm Mar 11, 2019 11:24pm
Quoting forexn00b81
Any way to see a trade explorer to verify mine is acting normally? Not a single trade open so far on 17 pairs all default settings on 20k demo... GBPUSD had some great price action today and I would have expected it to trigger from r78 or r61.8 but nothing see attached {image}
If the "Pips range for Pivot" setting is set to 15 for GBPUSD, by the time TDI has crossed the price is more than 15 pips away from R61, hence the EA was behaving correctly (due to the settings) by NOT triggering any trade. Understanding and adjusting the settings will help.
It's either going UP, or DOWN.
  • #1,419
  • Mar 12, 2019 5:36pm Mar 12, 2019 5:36pm
18 pips on nzdcad today! Looking good maybe trailing stop triggered early??
  • #1,420
  • Mar 12, 2019 6:33pm Mar 12, 2019 6:33pm
Quoting forexn00b81
18 pips on nzdcad today! Looking good maybe trailing stop triggered early??
Disable Trailing Stop and see.
It's either going UP, or DOWN.
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