Sar Manager MT4

SAR Manager — Visual Control of Parabolic SAR Signals

SAR Manager is an advanced information and signal indicator for MetaTrader 5 based on the classic Parabolic SAR.

It transforms standard SAR dots into a complete visual trading system. The indicator identifies market direction, marks entries and exits, calculates virtual Stop Loss and Take Profit levels, sends notifications, and displays signal statistics directly on the chart.

Instead of working with isolated Parabolic SAR dots, the trader receives a clear overview of:

• Current SAR direction

• BUY or SELL signal

• ACTIVE or WAIT position status

• Calculated entry price

• Stop Loss and Take Profit levels

• Entry arrows and exit markers

• Virtual trade statistics

• Notifications about new events

How SAR Manager Works

The indicator monitors the position of Parabolic SAR relative to the price.

A BUY signal appears when SAR moves from above the price to below it. A SELL signal is generated when SAR moves from below the price to above it.

To prevent unstable intrabar signals, a reversal is confirmed only after the candle closes. The calculated entry is then performed at the opening price of the next candle.

This approach creates a clear and consistent signal history: confirmed entries do not disappear or change direction afterward.

Complete Chart Visualization

SAR Manager displays all important information directly on the price chart:

• Parabolic SAR dots

• Green BUY arrows

• Red SELL arrows

• Virtual position exit markers

• Blue Entry line

• Red Stop Loss line

• Green Take Profit line

• Price labels for all trading levels

The lines allow traders to evaluate the potential risk and target of every signal without performing manual calculations.

If required, the indicator can keep the levels of the most recent signal on the chart even after the virtual position has been closed. This is useful for reviewing subsequent price movement.

Stop Loss and Take Profit in Points

Stop Loss and Take Profit distances are configured separately in the input parameters.

For BUY signals:

• Stop Loss is placed below the entry price

• Take Profit is placed above the entry price

For SELL signals:

• Stop Loss is placed above the entry price

• Take Profit is placed below the entry price

All distances are specified in MetaTrader points. For example, on a five-digit Forex symbol, 100 points are equal to 10 standard pips.

Exit Logic

A virtual position can be closed for one of the following reasons:

• Stop Loss is reached

• Take Profit is reached

• An opposite Parabolic SAR signal appears

• The market opens beyond the Stop Loss or Take Profit level due to a price gap

If the price opens beyond an established level, the indicator records the exit using the actual candle opening price.

When both Stop Loss and Take Profit are reached within the same historical candle, the exact sequence of price movement cannot be determined from OHLC data alone. SAR Manager therefore provides a dedicated calculation setting:

• Stop Loss First — conservative calculation

• Take Profit First — alternative calculation

The conservative Stop Loss First rule is used by default.

Advanced Information Panel

The information panel displays the current system state and signal results calculated over the selected historical period.

The panel includes:

• Symbol and timeframe

• Current BUY or SELL signal

• ACTIVE or WAIT status

• Current SAR direction

• Entry price

• Stop Loss level

• Take Profit level

• Risk-to-reward ratio

• Number of BUY entries

• Number of SELL entries

• Number of closed virtual trades

• Winning trades

• Losing trades

• Breakeven trades

• Win rate

• Total result in points

• Reason and price of the latest exit

Color-coded information makes it easy to identify the current direction and distinguish between Entry, Stop Loss, and Take Profit levels.

Entry and Exit Notifications

SAR Manager can notify the trader about new signals and virtual position exits.

The following notification methods are supported:

• MetaTrader popup alerts

• Mobile Push notifications

• Email notifications

• Sound alerts

Entry and exit notifications can be enabled separately.

An entry notification contains:

• BUY or SELL direction

• Symbol and timeframe

• Entry price

• Stop Loss

• Take Profit

An exit notification contains:

• Direction of the closed position

• Exit reason

• Exit price

• Result in points

After installation, the indicator does not send notifications for old historical signals. Every new event is processed only once, preventing repeated messages on every tick.

Main Features

• Classic Parabolic SAR logic

• Adjustable SAR Step and Maximum parameters

• Signals confirmed using closed candles

• Calculated entry at the opening of the next candle

• Stop Loss and Take Profit in points

• Exit on an opposite SAR signal

• Price gap processing

• Adjustable policy when SL and TP are reached within the same candle

• BUY and SELL arrows

• Visual exit markers

• Entry, Stop Loss, and Take Profit lines

• Price labels for trading levels

• Option to keep the latest levels after an exit

• Detailed information panel

• Virtual signal statistics

• Popup, Push, Email, and Sound notifications

• Separate control of entry and exit notifications

• Customizable colors and panel position

• Compatible with different symbols and timeframes

Main Input Parameters

InpSarStep — Parabolic SAR acceleration step.

InpSarMaximum — maximum SAR acceleration value.

InpStopLossPoints — Stop Loss distance in points.

InpTakeProfitPoints — Take Profit distance in points.

InpArrowOffsetPoints — distance between entry arrows and the price.

InpHistoryBars — number of candles used to calculate signals and statistics.

InpSameBarPolicy — calculation rule when one candle reaches both SL and TP.

InpShowLevelLines — displays Entry, Stop Loss, and Take Profit lines.

InpKeepLastLevels — keeps the most recent levels visible after an exit.

InpEntryAlerts — enables entry notifications.

InpExitAlerts — enables exit notifications.

InpAlertPopup — enables MetaTrader popup alerts.

InpAlertPush — enables mobile Push notifications.

InpAlertEmail — enables email notifications.

InpAlertSound — enables sound alerts.

InpShowPanel — displays the information panel.

Who Is SAR Manager Designed For?

SAR Manager is suitable for traders who:

• Use Parabolic SAR in their trading

• Want clear signals instead of manually interpreting SAR dots

• Prefer to know the protective level and target in advance

• Analyze signals across different symbols and timeframes

• Want to receive notifications without constantly watching the chart

• Test different SAR, Stop Loss, and Take Profit settings

• Need a clear visual instrument for manual trading

Important Information

SAR Manager is an indicator and does not open real market orders.

All positions, levels, and results displayed in the information panel are virtual. The statistics do not include exact historical spreads, commissions, swaps, or possible slippage. Therefore, they should not be treated as a complete strategy backtest.

The indicator provides structured signals and visual information but does not guarantee profitable trading. Test your selected settings on historical data and a demo account before using them in live trading.