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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DAX Robot is an advanced automated trading system developed specifically for the   DAX 40 Index   on the H1 timeframe. Designed to handle the fast paced nature of one of Europe's   most actively traded indices , the robot continuously analyzes market conditions and automatically executes trades based on its built in trading logic. The system focuses on identifying high probability   trading opportunities   by combining trend analysis, market momentum, and volatility based conditions. DAX Robot
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Experts
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Experts
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5 (1)
Experts
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Xuan Bach Nguyen
Experts
Tom Scalper - The Trendline Breakout Expert Advisor Overview: Tom is an Expert Advisor designed for Gold (XAUUSD) trading. It uses a single trendline to determine the trend and incorporates pattern recognition to identify breakout conditions. Built for traders seeking a structured approach, Tom follows predefined criteria to execute trades based on market movements. Join My MQL5 Channel for the Latest Updates! Live Signal :   https://www.mql5.com/en/signals/2361938 Pricing Launch Price : $199
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