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AW Parabolic SAR EA

Fully automated trading robot. The well-known Parabolic SAR indicator is used to identify signals . In addition, the EA implements the averaging feature, the function of closing the first and last basket orders, and the function of automatic lot calculation. Has an advanced information panel and three types of notifications. The ability to adjust the indicator signals in the advisor.


Signal monitoring -> HERE / Problem solving ->  HERE / MT5 version -> HERE


Benefits:

  • Can be used on any instrument and timeframe
  • Configurable built-in indicator parameters
  • Easy setup and intuitive panel interface
  • The ability to open only one order per candle
  • Built-in automatic lot calculation
  • Built-in system for closing the first and last basket orders
  • Three types of notifications: push, email, alert


Capabilities:

The EA opens positions following the indicator signals. When the trend is crossed, a signal is received from the indicator, at this moment positions are opened:

  • When a signal is received about the beginning of a downtrend, SELL position
  • When a signal is received about the beginning of an uptrend, the BUY position

Possibility to use two-way trade, or one-way trade:

  • Allow to open OP_SELL orders: sell on bearish signals and ignore bullish signals
  • Allow to open OP_BUY orders: buy bullish signals ignoring bearish signals
  • If you enable the ability to open OP_BUY and OP_SELL, then trading in both directions will be used
Ability to use automatic risk management settings:
  • Size of the first order: the EA will trade with a fixed volume.
  • Enable Autolot calculation: the advisor will risk a certain percentage (specify the volume in the Autolot variable deposit per 0.01 lots)


Input variables:

MAIN SETTINGS

  • Size of the first order - Volume for opening the first order
  • Enable Autolot calculation - Use automatic lot calculation.  
  • Autolot deposit per 0.01 lots - The amount of the deposit for every 0.01 when using an autolot

SIGNALS

  • SAR Timeframe - Indicator timeframe, can be configured to filter the trend
  • Step SAR - Step for setting the indicator
  • Maximum SAR - The maximum value of the indicator
GRIDS SETTINGS
  • Minimum s tep between average orders - A variable that regulates the step between orders, measured in points
  • Multiplier for average orders - Each subsequent order in the order grid will be larger than the previous one by a given coefficient

    TAKE PROFIT SETTINGS

    • Size of Virtual TakeProfit (In points) - It is calculated for the current group of orders from the breakeven price
    • Use overlap last and first orders - Use the first order overlap by the last one
    • Use overlap after that number of orders - Use overlap after a given number of open orders

    PROTECTION SETTINGS

    • Maximum slippage in points Maximum allowable slippage in points for opening and closing orders
    • Maximum spread in points - Maximum allowable spread for opening orders
    • Maximum number of orders - The maximum allowable number of orders of the same type  
    • Maximum size of orders - The maximum volume for one order. Measured in lots
    • Maximum 1 order per candle - Open only one order per candle

    ADVISOR SETTINGS

    • Orders Magic number - MagicNumber of the advisor's orders
    • Comments of the EA's orders - Commentary for advisor orders
    • Allow to open OP_BUY orders - Allow the advisor to open orders of the OP_BUY type
    • Allow to open OP_SELL orders - Allow advisor open orders of type OP_SELL
    • Allow to open new orders after close - Allow new orders to be sent after all orders are closed
    • Show panel of advisor - Ability to show or hide the advisor panel
    • Font size in panel - Adjust the font size on the panel

    NOTIFICATIONS SETTINGS

    • Send push notifications when closing orders - Notifications to the mobile version of the terminal, when orders are closed
    • Send mails when closing orders - Letters to the email address when closing orders
    • Send alerts when closing orders - Pop-up notifications on the terminal when orders are closed


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