Exponential Moving Average With Parabolic SAR
The expert advisor opens trades when the 100 EMA and SAR are aligned in the same direction. The SAR is also programmed to close the trades if the trend changes.
The Stop Loss, Take Profit, and Trailing Stop are calculated based on the ATR indicator.
The recommended currency pair is GBPJPY and the recommended timeframe to operate and to do backtests is D1. As usual, good and bad periods will be seen. To filter the bad periods, you must manually turn off the EA every time you detect that the market is ranging. Once the market is trending again, simply activate the AutoTrading and let the EA to take care of everything.
This Expert Advidor can be profitable in any TimeFrame and with any Currency Pair but you should know how to adjust the parameters to your new pairs and timeframes.
Recommended Settings at Comment #4