Description:
An Expert Advisor (EA) specifically crafted to open and close trades at the first signal from the Parabolic SAR indicator. This EA is designed to complement your manual trading strategies or work hand-in-hand with other EAs, tailored to your trading preferences.
Important Notes:
- 1.) To align the EA's operations with the Parabolic SAR indicator, make sure to adjust the "Step" and "Maximum" values of the SAR indicator to match those set in the EA. This adjustment is primarily for visual accuracy, as the EA doesn’t rely on the indicator to function.
- 2.) For instance, if you're using the default step setting for the EA (0.001) and the SAR indicator has its default setting at (0.02), you might mistakenly think the EA hasn’t executed an order when, in fact, the virtual SAR hasn’t triggered a signal yet.
- 3.) If you notice that no orders were executed and the journal indicates an error, it’s time to take action. Always keep an eye on this page for the latest updates and improvements!
Additionally, I’ve provided comprehensive documentation for PSAR Bug 7, which you can find on our new website.
2.) Don’t forget to conduct your own strategy testing! The default settings are merely a starting point and don’t necessarily reflect the optimal strategy for your trading style.
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