GOLD PSAR FREE
FREE Expert Advisor developed for GOLD based on PSAR and pending orders with trailing stop. If the signal is not satisfied for 50 bars, pending order are canceled.
Backtested on over 7-year tick data with 99 % quality of modelling. The screenshots attached feature the robustness test by Monte Carlo analysis with 200 simulations.
Broker with small spread and slippage is recommended and broker must support micro lots.
No need to set up any parameters, these settings are optimized.
No need in a large account, I recommend trading from 500 USD with 0.01.
Risk Reward Ratio is 1:2
- No need in a large initial deposit
- Only pending orders are used
- Each deal is protected by stop orders (Stop Loss and Take Profit)
- Position trailing stop is used
- Both a fixed lot and a free margin percentage are used
- No martingale
- Does not consume too much CPU resources
- MinimumSLPT = 700 - minimum SL/PT
- MaximumSLPT = 1600 - maximum SL/PT
In the free version you can not change any settings. For unlimited version buy GOLD PEMA https://www.mql5.com/en/market/product/9265.