• Overview
  • Reviews (5)
  • Comments (67)
  • What's new


This Expert Advisor is based on combination of Parabolic SAR and Moving Average of Oscillator(OsMA).

  • Currency: AUDUSD ( I designed EA for AUDUSD, but it can work on other currency as well)
  • Timeframe: H1 is optimal for AUDUSD but if you want to have more trades M15 and M30 is also permissible.


  • SignalMail - if You want to receive notifications select true
  • EachTickMode
    • False: EA may open position only once at one bar, when new bar is just opened (safe)
    • True: EA may execute a order per tick, whenever the logics of strategy is satisfied (achive results faster, because of more trades)
  • Lots - lot size
  • Slippage
  • UseTakeProfit - set on true
  • TakeProfit - in points, for best results I recommend set between 50 and 100 points.

How it works?

OsMA send a signal which is based on MACD , then signal is filter by historical and present Parabolic SAR.

I sugest to start with at least 400$ per each 0.1 lot. When you take a lot of profits you can increase lot size or withdraw profit from account and start again.

Share your opinions, questions and thoughts.

Gennadiy Voltornist
2017.07.12 17:08 

User didn't leave any comment to the rating

Eleni Anna Branou
2017.02.11 22:42 

User didn't leave any comment to the rating

2017.02.06 18:35 

unusefull e risky ea...no support

Hendrikus Pelgrim
2016.09.04 06:21 

EA is trading against the trend.

Big DD.


Carlos Moreno
2016.09.03 09:03 

Version 1.0. I've been using the EA for 1 week on 3 pairs and 3 TF on a REAL account, and it's been enough to turn it off for the following reasons:

· Simple. The EA reads a signal, and posts a trade with a profit pre-defined by the user. End of the story. No trade adjustments. No automatic closing on trend reversal. No trailing stop. No time filter. No sofisticated parameters. There are a good bunch of EAs for FREE on the Market that do exactly the same. It doesn't add any additional value to my trading strategy.

· Slow-paced. In one whole week the M15 TF has made 2 trades. The M30 has made 0. The H1 has made 1. With that pace you need to take a lot of risks if you want to end the week with a decent profit.

· Innacurate. I've noticed the EA has entered trades against the general trend. I don't know if it was a false signal, but because it doesn't adjust the TP or close automatically on trend reversal, the trades have remained opened for more than 24 hours waiting for a price reversal, and without a S/L (keep reading). This is way too long for a scalper.

· Risky. The author's recommendation of 0.1 lots per each $400 makes no sense at all to me. The trading experts recommend 0.1 per $2,000. With the author's recommendation you'd be trading 0.25 lots with only $1,000 and that's really a lot.

· Reckless. The author says there's no need for a S/L because trading with this EA on H1 is safe. Well, there's nothing safe in forex. I don't like the idea of going to work, and leave the position open without a S/L. It forces me to monitor the trade continuously, and that's very stressing. If something goes very bad and you have a S/L the story ends there. Without a S/L if there's something really bad maybe your account has been zeroed when you come back from work. That's a big minus.

· Unsupported. At least efficiently. This is the very first version of the EA, and it lacks some basic settings such a S/L, a spread filter, a custom comment. These all are very valuable inputs given by customers in the forum, and the author is continuously fighting these ideas, and is not open to listen to customers' feedback. That gives me a bad feeling for any future improvement/enhancement the EA might need.

Version 1.1 - 2016.09.06
Improved take profit level to the suitable bid/ask price.