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and Trade on the Go!
and Trade on the Go!
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This Expert Advisor is for
MetaTrader 4
Download MT 4 - 455 Kb

and Trade on the Go!

and Trade on the Go!

Name:
PSAR trader
Author: tonny (2012.07.02 12:29)
Downloaded: 6720
Download:
 PSAR trader.mq4 (5.8 Kb) View

Description:

PSAR trader trades using parabolic SAR.

The EA includes a time filter and supports ECN brokers. The none straight forward settings are explained below:

  • CloseOnOpposite- If true if an opposite signal is given all trades that had been opened with the previous signal will be closed.

NOTE:

  1. The EA is designed for 5 digit brokers since most major brokers are 5 digit nowadays.
  2. Its up to you to discover the optimum settings for your strategy the default settings have not been tested/optimized.

If this EA helps you donate at our website.

Full documentation is available at http://www.fxautomated.com/docs/psartraderdoc.php

6 comments  To post a new comment, please log in or register
tonny:
tonny:
The bug that the ea makes too many trades at the same time has been noted and will be sorted in the next version this was just a case of confusing between two files
Can anyone make this ea enter trade at every dot of the parabolic sar and also close current trade on reversal signal?? pleeeeeeeease!

The bug that the ea makes too many trades at the same time has been noted and will be sorted in the next version this was just a case of confusing between two files
19.09.2013 09:27 remyeches
The bug that the ea makes too many trades at the same time has been noted and will be sorted in the next version this was just a case of confusing between two files
13.07.2012 19:26 tonny

Opens too many positions, you should limit ea to only open 1 position

it opens another trade if the previous one takes tp or sl while the condition is still there when market is trending that direction aggressively it can be advantagous
07.07.2012 15:00 tonny
You should add MA filter too
06.07.2012 00:18 tkaboris
eiseletamas:
Very good idea.
Why Buy to open more positions, and only one sale??

Opens too many positions, you should limit ea to only open 1 position
06.07.2012 00:18 tkaboris
Very good idea.
Why Buy to open more positions, and only one sale??
04.07.2012 15:38 eiseletamas