Monkey Attack Gold Pivot EA: Free MT4 Expert Advisor

Overview

The robot filters entries through a combination of RSI, MACD, and moving average alignment, supplemented by a trade quality scoring system. It includes comprehensive risk controls such as ATR-based dynamic stop losses, trailing stops, and automatic lot sizing. A specific protection mechanism reduces position sizes after consecutive losses. The interface provides visual overlays for pivot levels, buy/sell zones, and a real-time settings panel for monitoring performance.

Institutional daily and weekly pivot point detection

Fractal-based dynamic support and resistance levels

Trade quality scoring system for entry filtering

ATR-based dynamic stop loss and trailing stop

Volatility-adjusted position sizing and risk reduction

Details

Author

Monkeyattack on GitHub

Type

Trading robot

Platform

MetaTrader 4 (MQL4)

Strategy

Mean reversion, Indicator crossover, Martingale

Markets

Gold

Timeframes

M1-M5, M15-H1

Risk Profile

Uses martingale lot scaling: losses can grow fast

EA Files

Source

github.com/Monkeyattack/monkeyattack-gold-pivot-ea

Input Parameters

Read from monkey_attack_visual_ea.mq4. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default	Description
`ShowPivotLevels`	`bool`	`true`	Show pivot lines on chart
`ShowBuySellZones`	`bool`	`true`	Show potential buy/sell areas
`ShowSettingsPanel`	`bool`	`true`	Show settings overlay
`ShowSignalArrows`	`bool`	`true`	Show buy/sell signal arrows
`ShowSRLevels`	`bool`	`true`	Show support/resistance levels
`PivotColor`	`color`	`clrYellow`	Color for pivot lines
`SupportColor`	`color`	`clrLime`	Color for support levels
`ResistanceColor`	`color`	`clrRed`	Color for resistance levels
`BuyZoneColor`	`color`	`clrGreen`	Color for buy zones
`SellZoneColor`	`color`	`clrPink`	Color for sell zones
`LotSize`	`double`	`0.01`	Lot size for trades
`UseAutoLotSizing`	`bool`	`true`	Use automatic lot sizing

Show all 40 inputs

Name	Type	Default	Description
`RiskPercent`	`double`	`1.5`	Risk percentage per trade
`MagicNumber`	`int`	`99999`	Magic number for trade identification
`TradeComment`	`string`	`MonkeyAttack_Pivot`	Comment for trades
`SR_Lookback_Period`	`int`	`20`	Lookback period for S/R calculation
`ATR_Period`	`int`	`14`	ATR period for volatility
`ATR_Multiplier`	`double`	`2.0`	ATR multiplier for dynamic stops
`Pivot_Strength`	`int`	`10`	Strength for pivot point detection
`Use_Daily_Pivots`	`bool`	`true`	Use daily pivot points
`Use_Weekly_Pivots`	`bool`	`true`	Use weekly pivot points
`Fractal_Period`	`int`	`10`	Period for fractal detection
`RSI_Period`	`int`	`21`	RSI period
`RSI_Overbought`	`int`	`65`	RSI overbought level (LIVE OPTIMIZED)
`RSI_Oversold`	`int`	`35`	RSI oversold level (LIVE OPTIMIZED)
`MACD_Fast`	`int`	`12`	MACD fast EMA
`MACD_Slow`	`int`	`26`	MACD slow EMA
`MACD_Signal`	`int`	`9`	MACD signal line
`MA_Fast`	`int`	`20`	Fast moving average
`MA_Slow`	`int`	`50`	Slow moving average
`UseVolatilityFilter`	`bool`	`true`	Enable volatility filtering
`VolatilityThreshold`	`double`	`1.3`	Volatility threshold multiplier
`VolatilityPeriod`	`int`	`20`	Period for volatility calculation
`MaxSpread`	`double`	`7.0`	Maximum spread in points
`UseDynamicStops`	`bool`	`true`	Use dynamic stop loss/take profit
`MinStopLoss`	`double`	`250`	Minimum stop loss in points
`MaxStopLoss`	`double`	`600`	Maximum stop loss in points
`RiskRewardRatio`	`double`	`2.5`	Risk:Reward ratio
`UseTrailingStop`	`bool`	`true`	Enable trailing stop
`TrailingMultiplier`	`double`	`1.8`	Trailing stop ATR multiplier

How to Install It

1Download the sourceUse "Download source (.zip)" above, or clone Monkeyattack/monkeyattack-gold-pivot-ea from GitHub, and unzip it.

2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.

3Copy the filesCopy the .mq4 file into Experts.

4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.

5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.

Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

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