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
Buy trade example.
Sell trade example.
Inputs menu of the EA.
EA has the most used features, we don't want to add too much stuff in the original EA. So we offer custom updates for any of our EA - you can easily order a custom update and adapt this EA to your specific needs.
If you have any questions simply contact us and we will answer all your questions.
Eaproducer.com quality standards.