Parabolic SAR EA - MetaTrader 5 Expert | Forex Indicators Download - MT4/MT5 Resources
The author of the idea - Victor Lukashak
mq5 code author - Bara Bashkakon
The EA uses the iSAR (Parabolic SAR) indicator signal bar current bar from the working time frame . The EA only opens one position at a time, so it can be used on both hedging and netting accounts.
The signal to open a position is also the signal to close the opposite position. If an opposite position exists, it is closed and a new position is opened in the direction of the signal.
Attachment download
📎 parabolic_sar_ea.mq5 (41.37 KB)
Source: MQL5 #23039
Parabolic SAR EA - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Parabolic SAR EA - MetaTrader 5 Expert | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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