Description:
An Expert Advisor (EA) crafted to execute trades based on the initial signals from the Parabolic SAR indicator.
The effectiveness of this EA hinges on your customized settings, including stop loss, take profit, trailing stop, and lot size for trades. It’s designed to work seamlessly alongside your manual trades and other EAs, catering to your specific trading style.
Important Note:
To ensure the EA operates in harmony with the SAR indicator, you'll need to adjust the “Step” and “Maximum” values of the SAR indicator to match those specified in the EA.
This is primarily for visual alignment, as the EA can function independently of the indicator. For instance, if you’re using the default step setting for the EA (0.001), you might mistakenly think the EA hasn’t executed a trade when the SAR indicator with its default setting (0.02) has triggered a signal. In reality, the virtual SAR with a step of 0.001 hasn’t generated a signal yet.
If no trades are triggered and the journal indicates an error, that’s when you’ll need to step in and troubleshoot. Make sure to keep an eye on this page for any updates—thank you for your attention!
I’ve also included comprehensive documentation for PSAR Bug 6 available at our new website.
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