Ancla Pivot Manager

Ancla Pivot Manager

? Ancla Pivot Manager – Smart Pivot and Doji Candle Trading System

Ancla Pivot Manager is an advanced Expert Advisor (EA) for MetaTrader 5 that combines classic technical analysis with adaptive price-action logic.
Based on the precise detection of high and low pivot levels, this EA executes automated trades according to real-time price behavior and the candle structure that breaks those pivots.

⚙️ Trading Logic

• Doji + Pivot Break:
  When a Doji candle breaks a Pivot High, the EA opens a Sell; when it breaks a Pivot Low, it opens a Buy.
  These setups represent reversals following market indecision.

• Body + Pivot Break:
  When a pivot is broken by a candle with a solid body (not a Doji), the EA trades in the opposite direction, anticipating a trend continuation.

• Smart Daily Loss Control:
  You can set a maximum daily loss percentage based on account balance.
  When this limit is reached, the EA will:

  1. Close all open trades of the day, and

  2. Stop trading until the next day.

? Key Features

✅ Entry signals based on pivot structure and candle patterns
✅ Automatic management of Stop Loss, Take Profit, and Trailing Stop
✅ Fixed-lot or percentage-based risk management options
✅ Configurable daily loss limit with automatic shutdown
✅ Supports multiple simultaneous trades
✅ Optimized code for faster backtests and smooth live execution

? Main Inputs

• pivotDepth : Sensitivity for pivot detection

• useRiskManagement : Enable dynamic risk control

• stopLossPips / takeProfitPips : SL and TP configuration

• useTrailingStop : Enable progressive trailing stop

• useDailyLossLimit / dailyLossPercent : Daily loss protection

? Recommendations

• Best performance on H1 and higher timeframes

• Works with any high-liquidity asset (FX, Gold, Indices)

• Ideal for traders seeking discipline, consistency, and real risk control