# SimplePivot

Trades a simple Pivot: each new bar features a trading signal for opening a BUY position.

Canonical: https://prismaticalgos.com/compendium/algo/6548-simplepivot
Record ID: 6548
Catalog rank: 1197 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trend Following & Directional (A)
Source: https://www.mql5.com/en/code/21374
Evidence label (unverified): source_code

## Scope and 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.

No endorsement, ownership claim or source-code reuse permission is implied.

## Extraction warnings

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.

## Recorded profile

- symbols: EURUSD
- timeframes: D1
- sessions: Not specified
- market_regime: any

## Indicators

- Pivot: {}; applied to: high, low, open

## Recorded long-entry rules

- Open of bar #0 < High of bar#1 and Open of bar #0 > Pivot

## Recorded short-entry rules

- Open of bar #0 > High of bar#1 and Open of bar #0 < Pivot

## Recorded exit rules

- Close the current position and open a new one if Pivots are opposite

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: Not specified
- Take profit: Not specified
- Position sizing: Not specified