Parabolic Crossover Alert MT5
- Utilities
- Version: 1.0
Parabolic SAR Cross Alert EA for MT5
Parabolic SAR Cross Alert EA is a simple MetaTrader 5 tool that notifies you when the Parabolic SAR indicator flips direction, signaling potential trend reversals. It helps traders catch SAR crossovers above or below price action without constantly monitoring charts.
Once attached to a chart, the EA monitors the Parabolic SAR indicator and sends a popup alert when the SAR dot crosses above price (bullish) or below price (bearish). This enables you to quickly check the chart and assess potential trend changes.
Features
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Detects when Parabolic SAR crosses above price (bullish signal)
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Detects when Parabolic SAR crosses below price (bearish signal)
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Popup alerts directly in MetaTrader 5
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Works on any symbol and timeframe supported by your broker
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Customizable SAR step and maximum parameters
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Lightweight and easy to use
How It Works
The EA tracks the Parabolic SAR indicator on the chart. When the SAR dot flips to the opposite side of price action between two completed bars, a popup alert appears in MetaTrader 5.
The SAR step (default 0.02) and maximum (default 0.2) parameters can be adjusted in the settings to suit your trading style.
This EA is an alert tool only and does not open or manage trades. It simply notifies you when Parabolic SAR crosses price so you can evaluate trend direction changes yourself.
