PSAR Expert Extended

Main idea of this EA lies around the Parabolic SAR indicator. New version this Expert: PSAR Expert Extended 2 

The advanced EA version includes the following changes and improvements:

  • The free initial version has been analyzed and the EA algorithm has been improved
  • The EA behavior has been monitored on various account types and in different conditions (fixed/floating spread, ECN/cent accounts, etc.)
  • Cod optimization, bug fixes.
  • The EA functionality has been expanded. Features better flexibility and efficiency, better monitoring of open positions.
  • Works with 4 and 5 digits brokers.
  • The robot does not use martingale, grid, arbitration or hedging.

The best results were achieved on EURUSD with H1 timeframe, but can also work well on other pairs with proper settings.


EA Settings

  • Take-Profit - the target profit.
  • Stop-Loss - the stop loss level.
  • Lot of balance? - true: lot based on balance, false: fixed lot.
  • Calc. of the lot - Calculation of the lot:
    • 1-Balance
    • 2-Equity
    • 3-FreeMargin (if Lot of balance = true)
  • The risk in the lot of the balance, % - percent of deposit to risk if Lot of Balance=true.
  • Lot. If Lot of balance=false - fixed lot size (Lot of Balance=true).
  • Max. spread(pips) - prevent EA trading with a high spread (e.g. during news releases).
  • Slippage(pips)
  • Magic number - a unique identifier of the EA's trades
  • Step PSAR - standard parameter of Parabolic SAR. The increment of speed of the indicator.
  • Maximum PSAR - standard parameter of Parabolic SAR. Maximum rate of the speed of convergence of the indicator with the price.
  • Timeframe for the calculation - the working timeframe of the Expert Advisor.
  • Trailing Stop - trailing distance from the current price.
  • Trailing Start - profit level to start trailing.
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Thi Tra Mi Duong
3.67 (3)
Experts
The Goblin Gold Scalper EA is a fully automated trading robot that has been developed over the years. EA's trading strategy has been optimized for Gold with a unique strategy based on Price Action and basic indicators. This is a scalper strategy so it usually trades in a short period of time, trades are closed quickly with Stop Loss and Trailing Stop. EA has optimized settings and now it's simple to use for everyone. You just need to set your Lot Size. Feature:  + Fully automated trading 24/5 w
Wall Street Robot MT4
MQL TOOLS SL
5 (1)
Experts
Wall Street Robot is a   professional trading system   developed exclusively for US stock indices, focused on S&P500 and Dow Jones. These markets are known for their high liquidity, structured movements and strong reaction to global economic flows, making them ideal for algorithmic trading strategies based on precision and discipline. By concentrating only on these indices, the system is able to adapt closely to their behavior, volatility patterns and intraday dynamics, instead of trying to oper
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Market Reversal Catcher MT5
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