{
  "id": 4236,
  "rank": 51,
  "name": "LivermoreEA",
  "aka": [
    "Jesse Livermore Pivotal Point System"
  ],
  "family": "J",
  "subtype": "J4",
  "one_liner": "Automates Jesse Livermore's Market Key system with four tranches and abnormal behavior exit.",
  "market_regime": "trending",
  "timeframes": [
    "D1"
  ],
  "symbols": [
    "any"
  ],
  "sessions": [
    "any"
  ],
  "indicators": [
    {
      "name": "ATR",
      "params": {
        "period": 14
      },
      "applied_to": "close"
    }
  ],
  "entry_long": [
    "price breaks above the consolidation high on expanding volume",
    "price does not show abnormal behavior since the breakout"
  ],
  "entry_short": [
    "price breaks below the consolidation low on expanding volume",
    "price does not show abnormal behavior since the breakout"
  ],
  "exit_rules": [
    "price moves against the trend by more than 1.0 ATR on volume above 1.5 times the campaign average",
    "high-volume reaction is treated as abnormal behavior"
  ],
  "filters": [
    "hedging account required",
    "account mode validation"
  ],
  "stop_loss": "stop loss is placed at the consolidation low for long campaigns and the consolidation high for short campaigns",
  "take_profit": null,
  "position_size": "full position size is calculated once at the first tranche entry and stored. All subsequent tranches are expressed as percentages of that stored value",
  "evidence_type": "source_code",
  "completeness": 80.0,
  "signal_warnings": null,
  "claim_warnings": null,
  "opacity_warnings": null,
  "build_warnings": [
    "DAILY_LOW_COUNT: daily-or-slower timeframe on a single instrument. Expect well under 100 trades in five years, so a backtest will rarely reach statistical significance on its own."
  ],
  "canonical": "https://prismaticalgos.com/compendium/algo/4236-livermoreea",
  "snapshot": "2026-10-31 15:46 UTC",
  "source_url": "https://www.mql5.com/en/articles/24075",
  "limitations": "These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms."
}