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PSAR Expert Extended MT5

This robot operates based on the Parabolic SAR indicator.

Verion for MetaTrader4 here.

The advanced EA version includes the following changes and improvements:

  • The EA behavior has been monitored on various account types and in different conditions (fixed/floating spread, ECN/cent accounts, etc.)
  • The EA functionality has been expanded. Features better flexibility and efficiency, better monitoring of open positions.
  • Works on both 4 and 5 digits brokers.
  • The EA does not use martingale, grid or arbitrage.


Settings

  • EA Comment — comments.
  • Magic number — EA's magic number. For working with its own orders only.
  • Max.spread(points) — limit for the maximum spread in points. 0 - not used.
  • Lot — base lot for opening new orders.
  • Stop Loss(points) — stop loss in points of the current instrument.
  • Take Profit(points) — take profit in points of the current instrument.
  • Slippage(points) — maximum price deviation in points of the instrument.
  • Timeframe for the calculation — the working timeframe of the Expert Advisor.
  • 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.
  • Time limit — time limit for the EA operation.
  • Start hour — trading start hour.
  • Start minute — trading start minute.
  • Stop hour — trading end hour.
  • Stop minute — trading end minute.


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Ground_Zero
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Ground_Zero 2021.06.08 17:33 
 

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[Deleted] 2019.01.14 08:51 
 

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dgfrazao
161
dgfrazao 2017.05.09 20:42 
 

Hi, I bought your expert extended mt5 yesterday. I tested it and did optimization. Is working on 2 brokers (forextime and roboforex). Only last night when I installed it, he did some negotiating. Now you do not do anything else. It's normal? The best results were in h8 and h12.

Reply to review
Version 1.3 2020.07.27
Technical update
Version 1.2 2019.09.12
— Extended time filter
Version 1.1 2019.05.17
— Improved position opening algorithm.
— Improved TralingStop algorithm.