Pivot Killer Source Code V1.80 MQ5

Introduction

Pivot Killer Source Code V1.80 MQ5 is a MetaTrader 5 Expert Advisor designed exclusively for XAUUSD (Gold). It uses breakout combined with volatility pivot detection to identify trade opportunities on the H1 timeframe. The system is built as a non-grid, non-martingale, and non-averaging strategy with fully controlled risk on every trade. Version 1.80 adds Dual Distance Mode, configurable Break Even, TP Decay, and a Cooldown system. The EA is marketed as plug-and-play for traders who want automated execution of pivot and breakout rules without constant chart monitoring.

Key Features

• Breakout + Volatility Pivot Detection strategy
• Designed exclusively for XAUUSD (Gold)
• Default and recommended timeframe: H1
• No Grid, No Martingale, No Averaging
• Independent trades with user-defined risk percentage
• Dual Distance Mode (ATR multiplier or percentage of price for TP, SL, and Trailing Stop)
• Configurable Break Even system with independent activation and lock distance
• TP Decay feature that automatically reduces Take Profit over time
• Cooldown system to prevent immediate re-entries after trade closes
• Fully automated entries, exits, and trade management
• Prop-firm compatible claim with strict drawdown control
• Plug-and-play setup with included presets and manual

Recommended Settings

• Pair: XAUUSD (Gold)
• Timeframe: H1
• Account Type: ECN / RAW Spread
• Minimum Balance: $250
• Recommended Balance: $500+
• Risk per Trade: 0.5% – 2% (default 1%)
• Broker: Any broker (ECN/RAW preferred)
• VPS: Recommended for continuous 24/5 operation

Advantages

• Removes the need for continuous manual chart monitoring on XAUUSD H1
• Applies consistent rule-based entries and exits without emotional interference
• Controlled risk structure with independent trades and no recovery methods
• Flexible risk-reward adjustments through Dual Distance Mode and Break Even settings
• Additional management tools in v1.80 (TP Decay and Cooldown) for better trade control
• Suitable for traders seeking prop-firm style risk limits (subject to personal verification)
• Simple plug-and-play installation once settings are confirmed

Disadvantages

• Works only on XAUUSD – not suitable for multi-pair trading
• Strategy is limited to the H1 timeframe by design
• Market risk remains; automation does not guarantee profits
• Performance depends on broker spreads, slippage, and execution quality
• Requires continuous operation (VPS strongly preferred)
• Still needs regular monitoring for technical issues and market regime changes
• Source code access does not remove the need for thorough demo testing before live use

Support & Disclaimer

Support:

If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:

Telegram Group: Join our community

Disclaimer:

Forex and gold trading involve risk. Past performance doesn’t guarantee future results. Always test robots on demo before live trading and use proper risk management.