A closer look.
Pivot Stop Gold is an algorithmic Expert Advisor developed for MetaTrader MT5 trading environments.
Pivot Stop Gold is built around one situation on gold: price turns at a swing and then moves through it. The EA does not chase the move. A pending stop order is already waiting near the swing, with its stop and target attached, before price gets there. Positions are short: in the report below the average one lasted five minutes. The Pivot Level On every new bar of its working timeframe the EA builds a ZigZag from the last 300 bars and takes the two latest pivots, never counting the bar that is s
Designed for systematic risk controls and consistent trading operations, this tool integrates smoothly into both live and demo terminal profiles.
Features & Highlights
- Algorithmic Strategy: Built around Experts with automated signal validation.
- Risk Controls: Integrated stop-loss, take-profit, and risk-per-trade caps.
- Optimized Execution: Engineered with low-latency event processing for MT5.
- Configurable Inputs: Flexible parameters allowing fine-tuning for any currency pair or market condition.
Resource specifications
- Resource type
- Expert Advisor
- Developer
- Vasilii Makarenko
- Compatibility
- MT5
- Requirements
- MetaTrader MT5 Terminal, Standard / ECN Broker with low spread, VPS recommended for 24/5 continuous trading.
Installation
- Click the Download Now button to obtain the MT5 package.
- In your MetaTrader MT5 client, open File > Open Data Folder.
- Navigate to
MQL5\Experts and paste the executable file. - In Navigator, right-click and choose Refresh (or restart your terminal).
- Attach to your target chart and ensure Allow Automated Trading / DLL Imports is enabled.
Before you trade
Expert Advisors, indicators, and tools do not guarantee trading results. Test carefully before using any resource in live trading.
Read the risk disclosure