The legendary Parabolic strategy is here. This EA uses the basic PSAR strategy. Plus, EA has some useful extra features too.
Strategy:
EA opens a buy trade when the first PSAR dot appears below the current price.
EA opens a sell trade when the first PSAR dot appears above the current price.
Explanation of the settings:
Fixed lot - simple fixed lot which is applied for each trade.
Max open trade - set max allowed amount of open trades.
Close trade opposite signal - true/false, set it as true if you want to close trades on the opposite signal.
Stop loss pips - set a stop loss in pips which will be used for each trade separately.
Take profit pips - set a take profit in pips which will be used for each trade separately.
Break even
Pips on profit to enable - once reached, break even is applied.
Offset pips from open price - the distance from the open, in this way you can avoid spread size by adding extra 2 pips for example.
Trailing stop
Trailing start pips - once the trade has this amount of profit, trailing stop is activated.
Trailing stop pips - trailing stop distance from the stop loss to the current price.
One trailing step - it's basically how often do you want to refresh the trailing stop.
Trading time settings - that's simple, simply choose time and weekdays you want to trade.
BUY SELL reversed - set it to true if you want to open buy trade instead of the sell trade and sell trade instead of the buy trade
Spread filter - set max allowed spread size in pips, EA checks it before opening the trade. If the spread size is too big = no trade.
Magic number - use magic number rule if this EA is used in more than 1 chart. Read more.
Download the DEMO version of the Parabolic SAR EA MT4, and try it in the strategy tester, before purchasing this forex trading robot MT4.
Price:€50
Payment methods: PayPal, Skrill.
With a Paypal account you can purchase this EA by pressing a Paypal button below. After your successful payment, please contact us and we will send your copy of the EA. Your EA will be delivered in a few hours or faster.
If you want to purchase this EA with a Skrill account. Please contact us.
This EA has no any limits:
Lifetime license
Works with any timeframe
Works with any market
Friendly settings menu
Easy to set up
There are no any restrictions
Unlimited accounts
Updates available
Support 24/7
Best quality guaranteed