Pivot Points MT4 Collection: Free MT4 Expert Advisor

Overview

Pivot Points MT4 Collection includes a module for drawing pivots on the chart and a statics Expert Advisor that performs historical analysis. The statics tool scans thousands of candles to determine if price successfully touched weekly pivot levels, logging the results to the terminal for strategy validation. While the file names suggest automated trading capabilities, the provided code primarily focuses on price level interaction analysis. The documentation is minimal, and users must ensure the required custom indicators are present.

Historical pivot touch analysis

Weekly pivot level detection

Price level interaction logging

Automated back-scanning utility

Details

Author

p8queen on GitHub

Type

Collection

Platform

MetaTrader 4 (MQL4)

Strategy

Mean reversion

Markets

Any symbol

Timeframes

Any timeframe

Risk profile

No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.

EA files

Source

github.com/p8queen/pivot-points

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone p8queen/pivot-points 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, and any .mqh files into the Include folder the code expects.

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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