Expert advisor based on PSAR

2020.06.28 Experts

Specification

Trade execution is on the principle of double parabolic indicator, for example trade will be opened based on H4 parabolic sar with Stop loss as per parabolic sar , trailing along with PSAR. Additional lots will be added in the time frame M30 with stop loss as per H4. Trade close is manual.

The above example is for H4 time frame.

Other time frames M5, M15, M30, H1, H4, D, W

Alternative time frames form a strategy such as  W-H4,  D-H1, H4-M30, H1-M15, M30-M5

All time frames trades should not be executed, instead, only trades on the current time (higher, eg H4) frame and lower time frame (m30) should be executed. 

Trade at higher time frame (h4), additional lots at smaller (m30) time frame

Open trade and additional lots should be allowed to decide when starting the robot; however default lots can be 0.10 and 0.05.

To summarize, It is the only job of the robot to open trade on the higher time frame or current time frame and additional lots at corresponding lower time frame by trailing stop loss as per higher or current time frame.


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2020.06.28
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2020.06.28
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2020.06.28
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2020.06.28
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2020.06.28
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2020.06.28
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Project information

Budget
30 - 40 USD
For the developer
27 - 36 USD