Parabolic S/R Expert Advisor FREE

INFORMATION

This EA uses the built-in Parabolic SAR (PSAR) indicator of your MT4 platform. PSAR Grid is a martingale grid. That means high profit and high risk. PSAR indicator tell us when GBPUSD trend is chaging.

PSAR Grid performs better on GBPUSD pair and M15 timeframe.

METATRADER DOWNLOADS

Latest update: April 11, 2012
Latest version: v1.5
MT4 Expert Advisor: download

INSTALLATION

1. Shutdown your Metatrader platform

2. Copy the expert advisor file into the /experts folder of your Metatrader software (Example: C:\Program Files/MetaTrader4/experts)

SETTINGS MANUAL

grid_size: expert advisor will use this data in order to know when to place new orders and take profit.

profit_lock: from 0.5 (50%) to 0.9 (90%). This is the profit locked once you reach take profit.

min_lots: minimum lots for your orders. The EA will take min_lots as the minimum unit.

min_lots_increment: minimum lots increment.

account_risk: it is the percentage of total account risked with the ea

BACKTESTS

You can see results from 1 backtest below. We use same pair (GBPUSD), M15 time frame and default settings..

• Backtest 1: default settings 

BACKTEST 1

Test period: April 12, 2010 - April 11, 2012
Pair: GBPUSD
Time frame: M15
Set file: download
Detailed report: view