Mastering the PSAR Strategy: Your Go-To EA for MetaTrader 4

Mike 2012.07.02 19:29 30 0 0
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Description:

If you're looking to step up your trading game, the PSAR Trader is your ace in the hole. This Expert Advisor (EA) utilizes the Parabolic SAR (Stop and Reverse) indicator to optimize your trades.

This EA comes equipped with a time filter and is compatible with ECN brokers, making it a versatile tool for your trading arsenal. Here’s a quick rundown of its unique settings:

  • CloseOnOpposite: When set to true, this feature will close all trades that were opened under the previous signal as soon as an opposite signal is triggered.

Important Notes:

  1. This EA is tailored for 5-digit brokers, which are now the norm in the industry.
  2. Finding the best settings is up to you; the default configurations haven't been tested or optimized for specific strategies.

If this EA helps you rake in the profits, consider dropping a donation on our website. Your support goes a long way!

For comprehensive documentation, check out the full guide at FX Automated PSAR Trader Documentation.

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