ParabolicSARPro

Parabolic SAR Pro is an Expert Advisor based on the classic Parabolic SAR trend-following indicator. The EA automatically detects when the SAR flips direction and enters the market in the new trend — buying when SAR moves below price, selling when it moves above. Positions are reversed on each new signal, keeping the EA always aligned with the current trend.

HOW IT WORKS

The Parabolic SAR is one of the most visual and intuitive indicators in technical analysis. When the dots appear below the candles, the trend is bullish. When they appear above, the trend is bearish. Parabolic SAR Pro monitors this flip in real time and executes trades automatically at the opening of a new bar — eliminating repainting and false signals.

  • SAR flips below price → EA opens a BUY
  • SAR flips above price → EA opens a SELL
  • Opposite positions are closed automatically on signal reversal

FEATURES

  • Configurable SAR Step and Maximum parameters (default: 0.02 / 0.2)
  • Adjustable Lot Size, Stop Loss and Take Profit in points
  • Max orders per signal control
  • Spread filter — skips trades in poor market conditions
  • Optional Trailing Stop (disabled by default)
  • Magic Number for order identification
  • Custom order comment
  • Built-in margin check before every trade

RISK MANAGEMENT

Parabolic SAR Pro includes a built-in margin check before every trade. If your account does not have sufficient free margin, the EA skips the trade and waits for the next signal — protecting your account at all times. Stop Loss and Take Profit are applied automatically on every order.

RECOMMENDED USAGE

  • Timeframes: H1, H4 or Daily for stronger trend signals
  • Symbols: Major Forex pairs (EURUSD, GBPUSD, USDJPY), Gold (XAUUSD), major indices
  • Always run a backtest on your specific symbol and timeframe before going live
  • Start with default settings and adjust based on your results

ABOUT THE AUTHOR

Samuel Cavalcanti Costa is a Brazilian trader and developer focused on building reliable, transparent, and practical trading tools for the MetaTrader 5 platform.

👉 https://www.mql5.com/en/users/samuelcavalcanticosta/seller

DISCLAIMER

Past performance does not guarantee future results. Trading involves significant risk of loss. Always test thoroughly in a demo account before using real money.


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