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PSAR Expert Extended

Main idea of this EA lies around the Parabolic SAR indicator. New version this Expert: PSAR Expert Extended 2 

The advanced EA version includes the following changes and improvements:

  • The free initial version has been analyzed and the EA algorithm has been improved
  • The EA behavior has been monitored on various account types and in different conditions (fixed/floating spread, ECN/cent accounts, etc.)
  • Cod optimization, bug fixes.
  • The EA functionality has been expanded. Features better flexibility and efficiency, better monitoring of open positions.
  • Works with 4 and 5 digits brokers.
  • The robot does not use martingale, grid, arbitration or hedging.

The best results were achieved on EURUSD with H1 timeframe, but can also work well on other pairs with proper settings.


EA Settings

  • Take-Profit - the target profit.
  • Stop-Loss - the stop loss level.
  • Lot of balance? - true: lot based on balance, false: fixed lot.
  • Calc. of the lot - Calculation of the lot:
    • 1-Balance
    • 2-Equity
    • 3-FreeMargin (if Lot of balance = true)
  • The risk in the lot of the balance, % - percent of deposit to risk if Lot of Balance=true.
  • Lot. If Lot of balance=false - fixed lot size (Lot of Balance=true).
  • Max. spread(pips) - prevent EA trading with a high spread (e.g. during news releases).
  • Slippage(pips)
  • Magic number - a unique identifier of the EA's trades
  • 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.
  • Timeframe for the calculation - the working timeframe of the Expert Advisor.
  • Trailing Stop - trailing distance from the current price.
  • Trailing Start - profit level to start trailing.
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Chen Jia Qi
5 (13)
Introducing our MT5 EA: Designed with advanced algorithms and utilizing deep learning technology, our Expert Advisor (EA) is crafted to assist you in the intricate world of forex trading. The system analyzes market behaviors and conducts transactions based on specific criteria, empowering you to engage with market trends more effectively. With the backing of nearly a decade of data, the EA employs deep learning to examine past market conditions, aiming to provide enhanced decision-making. Recom
Way To Stars is a night scalping EA specifically designed to trade during periods of low market volatility to capitalize on low-risk opportunities. This night scalping EA focuses on capturing small price movements for frequent trading, thereby accumulating profits over time. It employs strict stop-loss measures to limit potential losses per trade, ensuring effective risk management. Way To Stars is a genuine and honest trading system that does not rely on purported neural networks, artificial in
Diamond Titan FX MT4
Lo Thi Mai Loan
5 (3)
런칭 프로모션: 30% 할인! 현재 가격으로 구입할 수 있는 판매가 3개만 남았습니다. 다음 가격: $993 무료로 US30 Scalper EA와 Quantum Algo EA를 받으세요 -> 구매 후 저에게 연락하세요 Live signal:  https://www.mql5.com/en/signals/2220190?source=Site+Profile+Seller Prop Signal:  https://www.mql5.com/en/signals/2223219?source=Site+Signals+Profile+From+Author MT5:  https://www.mql5.com/en/market/product/116010?source=Site+Market+Product+Page Prop Challenge 트레이드 히스토리:   https://www.mql5.com/en/blogs/post/757093 자주 묻는 질문:   https://www.mql5.com/en/blogs/post/7
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Mansour Babasafary
5 (2)
35% discount, until 2024.06.22  (Original price: $1000) Get a 50% bonus by buying (or even renting) any of our products. After buying (or renting), send a message for more information. Expert trend hunter Combined with artificial intelligence Control the AI with a variety of simple settings Without using dangerous strategies (all trades have a profit limit and a loss limit) Can be used in 6 main market currency pairs and 4 important time frames An expert who has been trained by artifi
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AW Trading Software Limited
4.31 (71)
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Vasiliy Strukov
4.74 (996)
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Aleksandr Chebotaev
5 (1)
Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
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5 (15)
Diamond PRO is enhanced powerful version of Diamond for advanced traders. Pro version includes optimized cores, new impoved entry points filters, new multistage profit closure algorithm and сontains number of external control parameter that allows build and fine tune own tradind decisions and algorithms. The system provides more accurate market entries, analyzes and filters upcoming economic news, contains spread protection and an advanced position management algorithm. Main goal of Diamond PRO
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Ho Tuan Thang
4.43 (7)
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Marzena Maria Szmit
4.42 (24)
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Valeriia Mishchenko
4.34 (50)
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4.67 (12)
Welcome to the world of next-generation investments with our unique trading robot for gold on the MetaTrader platform! Our proprietary developments represent the pinnacle of advanced data analysis computational platforms in the world of trading. One Gold EA is a genuine smart algorithm, operating at a level beyond human traders' reach. Its unique method is based on the principles of a neuroscanner and advanced technologies in neural networks, EA is capable of analyzing historical and current dat
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Ho Tuan Thang
4.39 (142)
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Abu Talha Md Mahi Uddin
5 (2)
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Profalgo Limited
5 (6)
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5 (7)
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Stanislav Tomilov
4.1 (10)
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Manpreet Singh
4.95 (253)
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Marzena Maria Szmit
5 (11)
The Bitcoin Robot  MT4 is engineered to execute Bitcoin trades with unparalleled   efficiency and precision . Developed by a team of experienced traders and developers, our   Bitcoin Robot   employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with   M5 timeframe , ensuring that you never miss out on lucrative opportunities.   No grid, no martingale, no hedging,   EA only open one position at the sa
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Thi Thu Ha Hoang
5 (12)
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Denis Kurnev
5 (3)
AI Gen XII EA This is an Expert Advisor with the latest use of Artificial Intelligence and Neural Networks. The EA runs on the top-of-the-line GPT-4o platform and also uses Advanced Discrete Fourier Imaging in ATFNet aligns the frequency spectrum of the input series, allowing for a more complete analysis of time series data. The EA also boasts trading on different strategies simultaneously and matching backtest trades and real trading, which is very important in its time.  Details about Advisor
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The Market Reversal Catcher indicator looks for market reversal points or major pullback. To do this, it analyzes previous price movements and using a flexible algorithm for estimating the probability of a reversal, also gives recommendations on entry points and sets recommended profit targets for positions opened on a signal. Market Reversal Cather User Guide -   Read Version for MetaTrader 4 - here The indicator is very easy to use and does not require a lot of information to understand how it
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Alexander Fedosov
5 (1)
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5 (1)
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Alexander Fedosov
3 (2)
The Market Reversal Catcher indicator looks for market reversal points or major pullback. To do this, it analyzes previous price movements and using a flexible algorithm for estimating the probability of a reversal, also gives recommendations on entry points and sets recommended profit targets for positions opened on a signal. Market Reversal Cather User Guide - Read Version for MetaTrader 5 - here The indicator is very easy to use and does not require a lot of information to understand ho
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Alexander Fedosov
Market Trend Catcher indicator analyzes the duration of trend movements and, with a certain development of the current trend, offers market entry points in the form of arrows with recommended profit targets. The indicator is very easy to use and does not require a lot of information to understand how it works. It has a minimum of settings and is transparent in understanding the principle of its operation, fully displaying the information on the basis of which it makes decisions on recommending e
Market Reversal Catcher Dashboard indicator looks for market reversal points or major pullback. To do this, it analyzes previous price movements and using a flexible algorithm for estimating the probability of a reversal, also gives recommendations on entry points and sets recommended profit targets for positions opened on a signal. The dashboard is designed to sit on a chart on it's own and work in the background to send you alerts on your chosen pairs and timeframes.   Dashboard does not requi
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 arb
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리뷰 답변
버전 1.2 2021.11.17
— Updating Compile
버전 1.1 2016.04.12
- Improved the algorithm for entering and managing orders.
- Added the ability to set the time limits.