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PSAR Expert Extended

Main idea of this EA lies around the Parabolic SAR indicator. New version this Expert: PSAR Expert Extended 2 

The advanced EA version includes the following changes and improvements:

  • The free initial version has been analyzed and the EA algorithm has been improved
  • The EA behavior has been monitored on various account types and in different conditions (fixed/floating spread, ECN/cent accounts, etc.)
  • Cod optimization, bug fixes.
  • The EA functionality has been expanded. Features better flexibility and efficiency, better monitoring of open positions.
  • Works with 4 and 5 digits brokers.
  • The robot does not use martingale, grid, arbitration or hedging.

The best results were achieved on EURUSD with H1 timeframe, but can also work well on other pairs with proper settings.


EA Settings

  • Take-Profit - the target profit.
  • Stop-Loss - the stop loss level.
  • Lot of balance? - true: lot based on balance, false: fixed lot.
  • Calc. of the lot - Calculation of the lot:
    • 1-Balance
    • 2-Equity
    • 3-FreeMargin (if Lot of balance = true)
  • The risk in the lot of the balance, % - percent of deposit to risk if Lot of Balance=true.
  • Lot. If Lot of balance=false - fixed lot size (Lot of Balance=true).
  • Max. spread(pips) - prevent EA trading with a high spread (e.g. during news releases).
  • Slippage(pips)
  • Magic number - a unique identifier of the EA's trades
  • Step PSAR - standard parameter of Parabolic SAR. The increment of speed of the indicator.
  • Maximum PSAR - standard parameter of Parabolic SAR. Maximum rate of the speed of convergence of the indicator with the price.
  • Timeframe for the calculation - the working timeframe of the Expert Advisor.
  • Trailing Stop - trailing distance from the current price.
  • Trailing Start - profit level to start trailing.
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lizhi fu
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Experten
TopBottomEA's advantage: the first support for small capital work EA, real trading for more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of 12 hours or so, with a limit of $ 20 principal challenge backtesting ran through more than 10 years. Every interval of three days to increase the price of $ 100, the price process: 998 --> 1098 --> 1198...... Up to the targ
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5 (3)
Experten
Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in the EURUSD , GBPUSD , USDCHF , AUDUSD , USDCAD , NZDUSD  currency pairs Can be used in M30 , H1 , H4 , D1 time frames Has profit limit and loss limit Without using risky strategies like martingale or hedg
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4 (5)
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Version 1.2 2021.11.17
— Updating Compile
Version 1.1 2016.04.12
- Improved the algorithm for entering and managing orders.
- Added the ability to set the time limits.