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An simple EA based sar indicator

3

1. EA basic 

This EA is an EA that trades based on the SAR indicator. When the SAR appears at the top of the K line short or close a long order, and when the SAR appears at the bottom of the K line, long or close a short order. Sar is more useful when the trend is strong. It can clearly tell you when to enter or exit.  

Please see bottom pictures.

EA does not have the ability to judge the trend, so you need to judge the trading direction by yourself. You should decide to choose long or short in ea setting by yourself before each trade. 

SAR also is a leading indicator, it will generate a lot of false signal. You should use other indicator to reduce these false signal.


2. Parameter setting 

MAGICMA is mainly used to distinguish whether the order is  placed by you or by ea. If it is set to a non-zero value, the EA will not close the order placed by you. 

Lot, fixed lot size.

Lots If Lot is set to 0, then Lots is set to 0.02, which means that the lot is 0.02 for each 1000 dollars. The exact size depends on your balance. 

TakProft, how many percentage profit to close the position. 

AllowSarOpen means whether to allow EA to automatically place an order. If it is false, the order will not be automatically placed even if the sar condition is met. 

AllowSarClose means whether to allow the EA to close orders that have already been placed. 


3 Attention

If when AllowClose = true and sar is above the k line, your long orders will be immediately closed by the EA, otherwise sar is below the k line, your short orders will be immediately closed. If the K line is big and the sar value is far away from current price you should wait until sar is close to the price. 

The parameters you can set is AllowClose and Lot.  Others you can set if you understand the meanning.


https://www.mql5.com/en/signals/882449

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Gold Trade Pro
Profalgo Limited
4.63 (24)
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Stock Indexes EA is a sophisticated trading robot meticulously engineered to capitalize on the dynamics of the US30 . This expert advisor employs advanced algorithms and technical indicators to analyze market trends, identify potential entry and exit points, and execute trades with precision. A news filter has also been added to the robot, which prevents it from opening a position during important economic news , minimizing the risk. In robot, you can also specify the days and hours when the EA
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Scalper Dragon is a scalping robot developed for GBPUSD, USDCHF, EURAUD pairs. The current version adds a few features that increase system consistency. Trade with the scaling strategy on the M5 timeframe. Orders always come with stoploss, fixed takeprofit.  SETFILE Download  Scalper dragon version 3.8 is the latest version upgraded and added features such as: option to close orders early to avoid stoploss, add magic number to manage orders, add comments and add RSI oversold, overbought conditi
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Profalgo Limited
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Bitcoin Expert
Elif Kaya
5 (1)
-   Real price is 1000$   - Limited Discount (It is now 399$) Welcome, Bitcoin Expert opens automatically trade with Highly profit, Fixed Stop loss. After purchase, You can receive  Gold Trade Expert  for  Free ! Contact me for this  BONUS ! No Martingale, No Grid, No Scam Bitcoin is a cryptocurrency, a peer-to-peer digital currency that operates independently of a central governing authority . Bitcoin enables direct transactions between users, secured by cryptographic technology and recorded o
Yarukami Mnukakashi EA
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5 (4)
Yarukami Mnukakashi is an automated trading advisor designed for traders in the Forex market. Key Features: Strategy type: 24-hour trading, but I recommend avoiding the American session and setting a daily take of $30-40 per 0.01 lot. Can work in one direction or both at once independently of each other. Trading instruments: GOLD Timeframes: M1 Algorithm: uses technical analysis with moving average indicators, Bollinger and Momentum. Risk management: there is a function to forcibly close order
Z4scalp
Cence Jk Oizeijoozzisa
2.75 (12)
-------------------------------------------Apresentando: Z4SCALP---- ----------------------------------------- Z4SCALP é um robô de negociação avançado que possui um SL por negociação, SL muito pequeno, concebido sem martingale. Oferta Exclusiva: Compre um produto e receba o outro GRÁTIS! As outras três versões estão disponíveis gratuitamente -------------------------------------------------- -------------------------------------------------- ---------------- Se não confia na estratégia
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Miguel Jimenez Cordero
6764
Miguel Jimenez Cordero 2021.02.18 20:16 
 

Good job

Responder ao comentário
Versão 3.3 2020.09.01
add orderType parameter
Versão 3.1 2020.08.30
可以sar改变后立即进行交易。
Versão 2.21 2020.06.04
removed notification
add PriceToKijunSen to avoid enter when overbought or oversell
Versão 2.1 2020.06.01
Update parameters PriceCloseToSar and StopCount value.
Versão 2.0 2020.06.01
removed AlertLevel parameter.
forbid open trade when stop loss is too big.
Versão 1.50 2020.05.31
removed StartTrailStop, TrailStop.
removed CrashAlert, add NotificationAlert to enable or disable notification.
add stop loss when open order.
Versão 1.47 2020.05.30
1 Delete parameter Protect and StopLossPoint.
2 Add notification when stop loss is too big.
3 modify some notification string format.
Versão 1.46 2020.05.29
增加stopcount,每次交易被close后,暂停交易stopcount个k线。
Versão 1.45 2020.05.28
在一次交易被手动close后,停止新的交易,由StopAfterClose来控制。
Versão 1.44 2020.05.28
在一次交易被手动close后,停止新的交易,由StopAfterClose来控制。
Versão 1.43 2020.05.28
在一次交易被手动close后,停止新的交易,由StopAfterClose来控制。
Versão 1.42 2020.05.26
之前的设计是sar发生转向时才open。修改成只要sar趋势一致就open。
Versão 1.38 2020.03.29
增加跟踪止损的功能。
Versão 1.36 2020.03.26
Fix repeat send notification