Aero Pivot Hunter EA #006

Aero Pivot Hunter EA #006

Expert Advisor WQN SOFTWARE
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Included

  • Aero Pivot Hunter EA #006
  • XAU/USD

More details

  • User Guide – Aero Pivot Hunter EA
  • 1. Overview
  • Aero Pivot Hunter EA is an MT5 Expert Advisor that trades based on:
  • • Pivot Point breakouts
  • • Confirmation with MACD cross and RSI filter
  • • SL/TP using either Fixed pips or Pivot-based levels
  • • Includes Spread filter, Cooldown bars, and a Trailing Stop system
  • 2. Input Parameters
  • General
  • • Inp_EA_Name – EA name in logs
  • • InpMagic – Magic number to separate trades from other EAs
  • • InpAllowLong / InpAllowShort – Allow Buy / Sell trades
  • • InpMaxSpreadPoints – Maximum allowed spread (in points)
  • • InpCooldownBars – Minimum bars to wait before new trade
  • Pivot Settings
  • • InpEntryLevel – Pivot level used as trigger (PP, R1, R2, R3, S1, S2, S3)
  • • InpEntryBufferPoints – Buffer above/below pivot (in points)
  • SL/TP
  • • InpSLTPMode – SL/TP mode
  • o Fixed Pips
  • o Pivot Based
  • • InpSL_Pips / InpTP_Pips – Used when Fixed Pips mode is active
  • • InpDeviationPoints – Slippage (execution tolerance)
  • Position Sizing
  • • InpLotMode – Fixed lot or Risk percent• InpFixedLot – Lot size when fixed
  • • InpRiskPercent – % of balance risked per trade (if Risk Percent mode)
  • Indicators
  • • RSI_Period = 14
  • • RSI_BuyMin / RSI_SellMax = 55 / 45
  • • MACD = (12, 26, 9)
  • Trailing Stop
  • • InpUseTrailing – Enable/disable trailing stop
  • • InpTrailStartPips – Start trailing when profit ≥ this value (e.g., 120 = 12 pips on 5-digit
  • brokers)
  • • InpTrailDistancePips – Distance of SL from price
  • • InpTrailStepPips – Step for adjusting SL (to avoid too frequent modifications)
  • 3. Trade Conditions
  • Buy
  • • Last candle closes above Pivot level + buffer
  • • MACD crosses up
  • • RSI ≥ RSI_BuyMin
  • • No open Buy position + not in cooldown
  • Sell
  • • Last candle closes below Pivot level + buffer
  • • MACD crosses down
  • • RSI ≤ RSI_SellMax
  • • No open Sell position + not in cooldown
  • 4. Recommended Settings (EURUSD M5)
  • • InpMaxSpreadPoints = 25• InpCooldownBars = 5
  • • InpEntryLevel = pivotPP
  • • InpEntryBufferPoints = 5
  • • SLTPMode = PivotBased
  • • LotMode = Fixed lot = 0.10
  • • RSI_BuyMin = 55, RSI_SellMax = 45
  • • MACD = 12, 26, 9
  • • Trailing Stop: Start 120, Distance 100, Step 20
  • 5. Tips
  • • For Scalping → try Camarilla pivots (tighter levels)
  • • For Breakouts → use Classic or Woodie pivots
  • • For Reversals → use Fibonacci pivots
  • • Adjust RSI filter depending on instrument (e.g., Gold may work better with 60/40)
  • • Always run Backtest / Forward test before going live

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