Welcome back, fellow traders! Today, I'm excited to share insights on an Expert Advisor (EA) that can help you take your trading to the next level: the pSAR Bug. This EA is designed to open and close trades based on the first signal from the Parabolic SAR indicator, making it a valuable addition to your trading toolkit.
The performance of this EA hinges on your custom settings, including stop loss, take profit, trailing stop, and lot size. Make sure to tweak these parameters to suit your trading style for optimal results.
Important Update: If you haven’t visited this page recently, please download the latest version of the pSAR Bug. This update requires you to manually input the trailing stop in your orders, as I’m working on a more effective trailing stop script.
Strategy Tester Report
pSAR Bug
Broker: Btrader-Real (Build 225)
| Symbol | EURJPY (Euro vs Japanese Yen) | |||||
| Period | 1 Hour (H1) from 2010.01.04 to 2010.01.20 | |||||
| Model | Every tick (the most precise method) | |||||
| Parameters | StopLoss=40; TakeProfit=70; Lots=10; TrailingStop=30; | |||||
| Bars in test | 886 | Ticks modelled | 198037 | Modelling quality | 90.00% | |
| Initial deposit | £10,000.00 | |||||
| Total net profit | £40,705.62 | Gross profit | £93,454.67 | Gross loss | -£52,749.05 | |
| Profit factor | 1.77 | Expected payoff | £1,507.62 | |||
| Maximal drawdown | £20,393.39 (34.61%) | Relative drawdown | 43.66% (£14,046.28) | |||
| Total trades | 27 | Short positions (won %) | 14 (64.29%) | Long positions (won %) | 13 (30.77%) | |
| Largest profit trade | £7,622.78 | Largest loss trade | -£4,387.12 | |||
So, there you have it! The pSAR Bug EA could be a game-changer for your trading strategy. Remember to adjust your settings based on your trading goals. Happy trading!
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