Livermore EA provides structure-based trend trading on MT4 with verified performance

This Livermore EA review for 2026 examines live results, backtest data, and an independent performance analysis to give a balanced view. The Livermore EA was developed by Frank Paetsch as a Trend Structure EA focused on trading only confirmed trends using a Weekly bias and a daily trigger. What makes Livermore EA unique is its emphasis on structural pivot breaks rather than noisy short-term indicator signals. The algorithm waits for a clear pivot break on D1 that aligns with the W1 trend and then layers positions through controlled top-ups, reducing the need for large initial lot sizes. In practical terms, Livermore EA builds positions after confirmation, scales into momentum, and applies systematic exit rules. The EA works best in medium- to long-term trending markets such as trending currency pairs and trending commodity crosses, and it is less effective in prolonged sideways ranging conditions. Risk management is integral: configurable maximum drawdown limits, fixed fractional position sizing, and clear stop and trailing stop logic are built in. Expected performance characteristics include moderate trade frequency with higher average trade duration, a focus on positive expectancy, and drawdowns that reflect the deliberate add-on approach rather than impulsive averaging into losses. For transparency, the EA is sold at $1250 and carries a 4.5/5 rating across 100 reviews on public marketplaces.