Shuriken Parabolic Sar
- Experts
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Ignacio Agustin Mene Franco
My name is Ignacio, I have more than 5 years of experience in the market, both forex and synthetic indices, I program indicators to provide the user with a better trade! - Version: 1.0
- Activations: 10
Shuriken Parabolic SAR is a MetaTrader 5 Expert Advisor developed with a turbo-aggressive approach, geared towards trading XAUUSD (Gold) on the M15 timeframe. It combines price action pattern detection (Pin Bars, Fair Value Gaps, and Breakouts) with trend filters based on Parabolic SAR and MACD, offering dynamic, high-frequency signaling within a controlled risk management environment.
Main Trading Engine
Aggressive Turbo Mode (enabled by default): reduces bar lookbacks, applies a lot multiplier, and prioritizes more frequent entries.
Price Signals:
Pin Bars (hammers and shooting stars) with configurable wick ratios.
Fair Value Gaps (3-candle imbalances).
Short-range breakouts (Turbo mode only).
Trend Filters:
Parabolic SAR (configurable step and maximum) + point display on the chart.
MACD (fast/slow EMA + signal). Option to require both filters to match or allow only one to validate.
SMC (Smart Money Concepts) legacy engine disabled by default (BOS/CHoCH, Order Blocks, and swing structure), available as an optional filter.
Risk Management and Capital Protection
Three risk modes: fixed lot, fixed percentage of balance, or dynamic based on equity.
Stop Loss and Take Profit in pips (default values are tighter for the turbo style).
Configurable minimum risk/reward ratio.
Trailing Stop and Break-Even with quick activation.
Daily loss limits, maximum number of simultaneous positions, total volume, and margin usage.
Controls for spread, time of day, and margin level.
Interface and Display
Professional information panel with combined PSAR/MACD trend, open positions, win rate, daily P/L, and trading status.
Customizable candlestick and background colors (graphite blue / electric cyan / neon orange style). PSAR point plotting and, optionally, SMC structure.
Recommended Configuration
Parameter Recommendation
Pair XAUUSD
Timeframe M15
Minimum Capital $300 USD
Recommended Broker Fusion Markets (competitive gold spreads, fast execution, and favorable conditions for scalping/day trading)
Leverage 1:100 or higher (depending on broker regulations)
Risk per trade 0.5% – 1.0% (adjust according to tolerance)
Usage Profile
Designed for traders seeking more aggressive trading in gold on the M15 timeframe, combining price patterns with PSAR and MACD trend confirmation. The system prioritizes signal frequency and active position management (trailing + break-even), while maintaining risk controls to protect smaller accounts.
