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Central Pivot Tool (MT4) — review, price and free alternatives
MT4 indicatorfree on MQL5by Conor Stephenson
Central Pivot Tool is a free MetaTrader 4 indicator by Conor Stephenson on the MQL5 Market — download it there; we host no third-party files. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you use it.
Central Pivot Tool — key facts
- Platform
- MetaTrader 4 (MT4)
- Product type
- Indicator
- Developer
- Conor Stephenson
- Price
- Free
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Central Pivot Tool on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Central Pivot Range levels are formed around a central pivot point.
Before you use Central Pivot Tool
What the developer claims
- The distance away from the central pivot, and the price that new levels form in relation to previous day levels , can be used to determine following days trending direction and strength.
- Central Pivot Ranges can act as support and resistance, offer a guide where to put a stop loss and also give signals of pric.
Quoted from the listing. We have not tested these claims.
What to check first
- Where you download it. Only from its MQL5 page — copies passed around elsewhere can be altered.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on Central Pivot Tool
Compiled from its public MQL5 listing. FxRobotEasy has not traded Central Pivot Tool; what these notes say about how it works comes from that listing.
Overview
This comprehensive 2026 Central Pivot Tool review examines real performance and trading analysis to help you make informed decisions. Central Pivot Tool by Conor Stephenson represents a comprehensive automated trading solution for MT4 traders. What sets Central Pivot Tool apart is its balanced approach to trade execution and capital preservation.
Risk notes
Central Pivot Tool implements a moderate risk profile with configurable parameters for different trading styles. The system uses stop losses on all positions and employs dynamic position sizing based on account equity. Recommended minimum account size ensures proper risk distribution.
Listed strengths
- MT4 platform compatibility
- Developed by experienced Conor Stephenson
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing Central Pivot Tool on MT4 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
Free to try · from FxRobotEasy
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Trendopedia AIby FxRobotEasy
Our trend-following robot for the major FX pairs
- Get the installer on a Windows PCNo sign-up to download. On a phone, send yourself the link.
- Run it and sign in inside the appGoogle, Telegram or e-mail — about 10 minutes in all.
- Pick Trendopedia AIIt starts on a free demo account: virtual money, every trade visible.
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The team's notes, every day
- What we ship, what breaks and how we fix it
- Trendopedia AI in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
Central Pivot Tool or Trendopedia AI?
| Central Pivot Tool | Trendopedia AI | |
|---|---|---|
| How you get it | Free on MQL5 | Free installer; runs on a demo account first |
| Platform | MT4 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Conor Stephenson | FxRobotEasy |
Central Pivot Tool — questions
What is Central Pivot Tool?
Central Pivot Tool is a MetaTrader 4 indicator published on the MQL5 Market by Conor Stephenson, and it is listed at no charge. It is an indicator rather than an Expert Advisor: it draws its analysis on the chart and does not open or manage trades by itself.
Does Central Pivot Tool work on MT4 or MT5?
Central Pivot Tool runs on MetaTrader 4, not MetaTrader 5. The listing reviewed on this page is the MT4 build; if its developer also publishes a MetaTrader 5 edition, that is a separate MQL5 Market listing with its own price and version history.
Is Central Pivot Tool free to download?
Yes -- Central Pivot Tool is listed on the MQL5 Market at no charge, as recorded when its listing was last checked on 2026-05-12. The file is downloaded from the developer's (Conor Stephenson) product page on mql5.com and installed into MetaTrader 4.
Is there a verified track record for Central Pivot Tool?
FxRobotEasy has not traded Central Pivot Tool on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for Central Pivot Tool elsewhere comes from its developer or from a third party.
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Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.