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PSAR Expert Extended MT5

This robot operates based on the Parabolic SAR indicator.

Verion for MetaTrader4 here.

The advanced EA version includes the following changes and improvements:

  • The EA behavior has been monitored on various account types and in different conditions (fixed/floating spread, ECN/cent accounts, etc.)
  • The EA functionality has been expanded. Features better flexibility and efficiency, better monitoring of open positions.
  • Works on both 4 and 5 digits brokers.
  • The EA does not use martingale, grid or arbitrage.


Settings

  • EA Comment — comments.
  • Magic number — EA's magic number. For working with its own orders only.
  • Max.spread(points) — limit for the maximum spread in points. 0 - not used.
  • Lot — base lot for opening new orders.
  • Stop Loss(points) — stop loss in points of the current instrument.
  • Take Profit(points) — take profit in points of the current instrument.
  • Slippage(points) — maximum price deviation in points of the instrument.
  • Timeframe for the calculation — the working timeframe of the Expert Advisor.
  • 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.
  • Time limit — time limit for the EA operation.
  • Start hour — trading start hour.
  • Start minute — trading start minute.
  • Stop hour — trading end hour.
  • Stop minute — trading end minute.


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Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is   Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool
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Euro Dealer: Unleash the Power of EUR Trading Prepare to revolutionize your forex trading experience with Euro Dealer, a cutting-edge expert advisor that harnesses the immense potential of EUR currency pairs. This meticulously crafted EA is the product of countless hours of research, development, and rigorous testing, ensuring that you have access to a powerful and reliable tool for your trading arsenal. Euro Dealer specializes in trading seven major EUR pairs, including EURAUD, EURCAD, EURCHF,
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Fast Trading
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Fast Trading is an intuitively handy panel for manual trading. With Fast Trading  you can quickly: 1. Set pending orders.    2. Place market positions and manage them.   3. Turn on voice notifications for basic actions.   Parameters Base FontSize — size of the font in the application. Caption Color — caption color of window. Back color — background color. Interface language — must be English or Russian. Magic Number — need for market positions and pending orders. Use Voice Notify — Action noti
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Ground_Zero
71
Ground_Zero 2021.06.08 17:33 
 

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[Deleted] 2019.01.14 08:51 
 

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dgfrazao
161
dgfrazao 2017.05.09 20:42 
 

Hi, I bought your expert extended mt5 yesterday. I tested it and did optimization. Is working on 2 brokers (forextime and roboforex). Only last night when I installed it, he did some negotiating. Now you do not do anything else. It's normal? The best results were in h8 and h12.

Reply to review
Version 1.3 2020.07.27
Technical update
Version 1.2 2019.09.12
— Extended time filter
Version 1.1 2019.05.17
— Improved position opening algorithm.
— Improved TralingStop algorithm.