Description
Weekly structure. Confirmed reversal.
EA #026 combines the previous completed broker week’s Fibonacci pivot zones with smoothed RSI (TDI-style) crosses and closed-candle price action. It turns a discretionary trading idea into explicit, configurable MT5 rules.
01 · WEEKLY LOCATION
BUY: S61 / S78 / S100.
SELL: R61 / R78 / R100.
Levels use the last completed broker W1 candle. R138/S138 provide outer visual context.
02 · CLOSED-BAR CONFIRMATION
TDI-style smoothed RSI cross plus pin-bar, engulfing or selected candle-direction confirmation.
The signal timeframe is independent of the chart period.
03 · DEFINED PROTECTION
Broker-side Stop Loss, percentage-risk or fixed-lot sizing, basket-risk and volume guards.
Optional staged entries are disabled in the supplied preset. No martingale.
Strategy logic
Entries
A recent closed candle must touch an enabled weekly pivot zone within the selected ATR tolerance and lookback. A closed-bar TDI-style cross and the selected price-action rule confirm direction. Optional ADR and trading-hour filters, spread protection and an extreme-pivot breakout block can restrict entries.
Exits and position management
Choose a swing-plus-ATR or outer-pivot Stop Loss. Take Profit can target the next pivot, central weekly pivot, fixed reward-to-risk or be disabled. Optional ATR trailing and Friday closing are available. Existing positions remain managed when authorization blocks new entries.
Illustrative strategy examples
BUY: price tests S78, a closed bullish rejection candle appears, and the smoothed RSI fast line crosses above its signal line. An eligible market order uses a physical SL and the configured pivot target.
SELL: price tests R61, a closed bearish confirmation appears, and the fast line crosses below its signal line. Protection and target follow the selected exit settings. These are illustrative rules, not recorded trades.
Example historical backtest
Owner-supplied MT5 report for v1.03: GBPUSD.pro, M15, 1 January 2025–1 October 2026; 5,000 USD initial deposit; leverage 1:100. Supplied preset risk: 3%; source default: 1%. Scale-in, ATR trailing, ADR filter and Friday close are disabled in this preset.
| Net profit | 9,369.94 USD (+187.40%) |
| Final balance | 14,369.94 USD |
| Profit Factor | 2.32 |
| Total trades / win rate | 74 / 64.86% |
| Maximum relative equity drawdown | 13.19% (911.47 USD) |
| Maximum monetary equity drawdown | 1,681.50 USD (12.88%) |
| Expected payoff | 126.62 USD |
| History quality / ticks | 99% / 73,861,882 |
| Commission / recorded swap | 0.00 / −196.80 USD |
The 74 closed trades reconcile to the report’s final balance using recorded profit, commission and swap. The balance curve contains 75 points including the initial deposit; it is not a full floating equity curve. Exact tick-model label and full spread/delay schedule are not provided in the source report. Historical results do not predict future performance.
Configurable parameters
Signal timeframe: M5, M15, M30, H1, H4 or D1. Configure pivot zones, touch lookback/tolerance, RSI and smoothing periods, slope, price-action mode, optional filters, stops, targets, trailing and risk. Custom Max includes Net Profit and Smooth Equity, with minimum-trade and maximum-drawdown rejection gates. These optimization gates are not live account loss limits.
Package and installation
Customer package: supplied v1.03 EX5, GBPUSD M15 SET, 16-page English manual and quick-start/source notes. MQ5 source and customer license keys are excluded. Install EX5 in MQL5/Experts, load the SET and review its 3% risk before use. For demo/live operation allow WebRequest to https://ea-lab.dev and enter your EA026 license. The standard license supports two MT5 account-and-server combinations; Strategy Tester and optimization work without online activation.
Optimization suggestions
First verify the supplied preset against your broker’s contract, trading costs and data. Optimize a small group of signal parameters, then test stops and exits separately. Keep risk fixed while comparing settings. Validate on unseen periods and different spreads before demo forward testing.
Origin and attribution
Inspired by Davit’s original Pivot Trading thread on Forex Factory — full discussion. EA LAB’s version is an independent rule-based adaptation of weekly pivots, TDI-style confirmation and price action. It does not reproduce every discretionary decision and is not affiliated with or endorsed by Davit or Forex Factory.
FAQ
Does changing the chart timeframe change signals?
No. Select the separate Signal Timeframe input.
Does it require a custom indicator or DLL?
No external custom indicator or DLL is required.
Is scale-in martingale?
No. Optional staged entries use risk budgets and physical Stop Losses. They still increase exposure. The supplied preset disables scale-in; staged entries should use a hedging account.
Why is there no trade?
Check license status, Algo Trading, sufficient data, enabled direction and zones, closed-bar confirmation, spread, trading hours, lot/margin constraints and extreme-pivot protection.
Are profits or maximum losses guaranteed?
No. Configuration, broker, spreads, slippage and gaps affect outcomes; stop execution can exceed planned risk.
Version 1.03
ATR remains part of calculations while its tester subplot is hidden; RSI remains visible; outer R138/S138 pivots are displayed. Existing input names and preset values are retained.
Risk disclosure
This software does not manage your investment decisions. Trading may cause partial or total capital loss. Supplied settings and historical examples are research material, not a forecast or personal recommendation.
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