Reasons Discretionary Traders Should Use Pivra EA (Multilingual Support Added)
◆ EA does not have to be “fully automatic”
“EA = neglect”is the impression, butPivrais an EA that can utilize the sense of discretion.
◆ Three reasons why discretion and Pivra get along well
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Automatically places limit orders in the crucial zones
It places limit orders all at once with the specified Lot, spacing, and number.
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Unnecessary positions can be sorted out by “profit/loss offset” or “TP deletion”
With the configured take-profit width, it automatically secures profits from unfavorable conditions and offsets positions from favorable to unfavorable instantly after calculation
During that time, price movement can still change, so even in unfavorable conditions, you can respond quickly when the situation becomes slightly favorable.
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Swing positions can be maintained by “protection”
At market turning points (lower/upper trendline, new low, new high), the TP change or bulk close feature can be disabled for held positions
Even if you accidentally perform a bulk close, it is disabled, so you can hold with peace of mind.
◆ Points where discretionary judgment shines
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Which zone to build positions in
Discretion based on your reasoning or a preferred indicator
If combined with a signaling indicator, when a signal appears, pressing the SELL/BUY button
allows you to take the most favorable position at that moment.
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Which positions to keep and which to remove
You can set how many favorable positions you ultimately leave.
For example, if you leave 4 positions: take profit on 2 positions at the first TP point, take profit on 1 position at the second TP point, and let the last remaining position run to the end, and then take profit—there are many possible combinations.
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Where to set the timing of closures
I think this is the hardest point. So you take positions in small increments and
split profits is not necessarily a guaranteed win.
Ideally, profit ranges from bottom to top or top to bottom, but consider recent lows, trendline upper/lower bounds, PIVOT values, and FIBO values
and use split profit-taking at conscious levels for a trade that won’t lose.
◆ Summary
Pivra is a tool to “delegate tedious tasks to automation while keeping the sense of discretion.”
It is an EA that discretionary traders should use.