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An simple EA based sar indicator

3

1. EA basic 

This EA is an EA that trades based on the SAR indicator. When the SAR appears at the top of the K line short or close a long order, and when the SAR appears at the bottom of the K line, long or close a short order. Sar is more useful when the trend is strong. It can clearly tell you when to enter or exit.  

Please see bottom pictures.

EA does not have the ability to judge the trend, so you need to judge the trading direction by yourself. You should decide to choose long or short in ea setting by yourself before each trade. 

SAR also is a leading indicator, it will generate a lot of false signal. You should use other indicator to reduce these false signal.


2. Parameter setting 

MAGICMA is mainly used to distinguish whether the order is  placed by you or by ea. If it is set to a non-zero value, the EA will not close the order placed by you. 

Lot, fixed lot size.

Lots If Lot is set to 0, then Lots is set to 0.02, which means that the lot is 0.02 for each 1000 dollars. The exact size depends on your balance. 

TakProft, how many percentage profit to close the position. 

AllowSarOpen means whether to allow EA to automatically place an order. If it is false, the order will not be automatically placed even if the sar condition is met. 

AllowSarClose means whether to allow the EA to close orders that have already been placed. 


3 Attention

If when AllowClose = true and sar is above the k line, your long orders will be immediately closed by the EA, otherwise sar is below the k line, your short orders will be immediately closed. If the K line is big and the sar value is far away from current price you should wait until sar is close to the price. 

The parameters you can set is AllowClose and Lot.  Others you can set if you understand the meanning.


https://www.mql5.com/en/signals/882449

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Profalgo Limited
5 (5)
Launch Promo: Limited number of copies available at current price Final price: 990$ NEW: get 1 EA for free! (for 2 trade accounts) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Welcome to DayTrade Pro Algo!  After years of studying the markets and programming different strategies, I have found an algorithm that has everything a good trading system needs: It is broker independent It is spread independ
Btcusd Grid
Ahmad Aan Isnain Shofwan
BTCUSD GRID EA is an automated program designed to use the grid trading strategy BTCUSD GRID EA is highly useful for beginners and experienced traders alike. While there are other types of trading bots you can use, the logical nature of the grid trading strategy makes it easy for crypto grid trading bots to perform automated trading without issues. BTCUSD GRID EA is the overall best platform to use if you're looking to try out a grid trading bot. BTCUSD GRID EA is highly effective for the cryp
This EA was once our internally used premium EA, now offered to everyone after adaptive improvements. It utilizes stable time zone patterns, generates orders almost daily with a very high win rate, and is particularly suitable for clients with lower capital. Backtesting using MT5's "Every tick based on real ticks" mode yields results highly similar to live trading, no adjustments and showing long-term stability, indicating a mature strategy. However, everything has two sides. This EA's strategy
EA Top G
Mohamed Hassan
5 (7)
Current price of $50 for a limited time! Next price is: $85 Live Signal : Click here  -- Don't buy a fake backtest, get a real strategy on a real signal!  After purchase, If you genuinely like this robot, you can receive EA Interceptor for Free ! Contact me for more information regarding this BONUS ! EA TOP G  is a multi-currency expert advisor  based on trend following . It uses a hedge system with a very good risk management. It's an ideal candidate for CENT accounts and big balances. It
TopBottomEA
lizhi fu
4.67 (48)
TopBottomEA's advantage: the first support for small capital work EA, real trading for more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of 12 hours or so, with a limit of $ 20 principal challenge backtesting ran through more than 10 years. Every interval of three days to increase the price of $ 100, the price process: 998 --> 1098 --> 1198...... Up to the targ
CyBRG RX Mt4
Arseny Potyekhin
5 (3)
Introducing CyBRG RX: The Next-Generation Trading Assistant Step into the future of trading with CyBRG RX, your cutting-edge trading companion designed to elevate your trading experience. Harnessing the power of advanced neural networks, CyBRG RX is engineered to analyze and adapt to ever-changing market conditions with unparalleled precision. Signals:   Live Signal 1 Live Signal 2 Because this strategy is so unique, I only want to sell a limited number of licenses. Therefore, the price
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Miguel Jimenez Cordero
6764
Miguel Jimenez Cordero 2021.02.18 20:16 
 

Good job

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Version 3.3 2020.09.01
add orderType parameter
Version 3.1 2020.08.30
可以sar改变后立即进行交易。
Version 2.21 2020.06.04
removed notification
add PriceToKijunSen to avoid enter when overbought or oversell
Version 2.1 2020.06.01
Update parameters PriceCloseToSar and StopCount value.
Version 2.0 2020.06.01
removed AlertLevel parameter.
forbid open trade when stop loss is too big.
Version 1.50 2020.05.31
removed StartTrailStop, TrailStop.
removed CrashAlert, add NotificationAlert to enable or disable notification.
add stop loss when open order.
Version 1.47 2020.05.30
1 Delete parameter Protect and StopLossPoint.
2 Add notification when stop loss is too big.
3 modify some notification string format.
Version 1.46 2020.05.29
增加stopcount,每次交易被close后,暂停交易stopcount个k线。
Version 1.45 2020.05.28
在一次交易被手动close后,停止新的交易,由StopAfterClose来控制。
Version 1.44 2020.05.28
在一次交易被手动close后,停止新的交易,由StopAfterClose来控制。
Version 1.43 2020.05.28
在一次交易被手动close后,停止新的交易,由StopAfterClose来控制。
Version 1.42 2020.05.26
之前的设计是sar发生转向时才open。修改成只要sar趋势一致就open。
Version 1.38 2020.03.29
增加跟踪止损的功能。
Version 1.36 2020.03.26
Fix repeat send notification