Name: Foli Pivots MT5 Version: Latest Version Developer by: John Folly Akwetey The Right Platform: Meta Trader 5 (MT5) Our Telegram Team: Join now Our Youtube Channel: Click here
Foli Pivots MT5 is a versatile Expert Advisor (EA) for MetaTrader 5 (MT5), specialized in trading pivot point levels (classic support/resistance) combined with volatility filtering, optional Martingale/anti-Martingale progression, drawdown protection, and trailing stops — suitable for trend reversal or continuation plays around key daily/weekly pivots.
The EA identifies high-probability reversal or breakout zones using pivot-based support and resistance levels, applies a volatility filter to avoid low-momentum periods, then manages positions with flexible risk systems (Martingale for recovery or anti-Martingale for winner scaling), strict drawdown caps, and profit-locking trailing — balancing aggression with capital protection.
Pivot S/R Trading: Entries based on price interaction with pivot levels (support bounce → buy, resistance rejection → sell, or breakout).
Volatility Filter: Skips trades when volatility (over user-defined days) is below threshold — avoids choppy, low-range markets.
Martingale & Anti-Martingale Options: Standard Martingale (increase lot after loss) or anti-Martingale (increase after win) — toggle on/off.
Drawdown Protection: Global percentage-based stop-loss on equity to close all trades if max DD is hit.
Trailing Stop System: Activates at set points, trails with step for locking profits in strong moves.
Session Control: Trading restricted to Start/End Time window; max slippage filter, magic number.
Trading Strategy
Calculates daily/weekly pivot levels and derived S/R.
Waits for price to reach pivot zone + volatility filter confirmation.
Opens initial trade (Buy/Sell/Both) with base lot.
If Martingale enabled: multiplies lot after losses (recovery mode); if anti-Martingale: scales up winners.
Applies trailing stop once in profit; closes everything if drawdown protection triggers.
Ideal for ranging or mildly trending pairs (EURUSD, GBPUSD, XAUUSD) around London/New York sessions.
Why Traders Should Choose Foli Pivots MT5
With 20+ years trading experience, I rate this EA highly because:
Proven Pivot Foundation — Pivot points remain one of the most respected institutional levels; combining with volatility filter sharpens edge and reduces whipsaws.
Flexible Risk Spectrum — Toggle Martingale/anti-Martingale + hard DD protection lets conservative traders disable progression while aggressive ones use it safely — rare in many EAs.
Real-World Adaptability — Time filters + slippage control make it practical for live brokers; trailing locks gains without over-optimizing.
Balanced Automation — Automates a classic manual strategy I’ve used for decades, removing emotion while keeping drawdown safeguards.