Exp_Sar_Tm_Plus - MetaTrader 5 Expert | Forex Indicators Download - MT4/MT5 Resources

Trading system based on indicator signals Parabolic Stop Loss and Reversal System, it is possible to set fixed holding times. If the trend direction changes, a signal is formed when the bar closes. Once the position holding time exceeds the preset fixed limit, the position will be closed immediately:

 Input boolean time trading = true ; //enable closing positions by time
Input unit n time = 240 ; //Position time (minutes)

Note that the library file TradeAlgorithm.mqh is designed for use with brokers that offer EA non-zero spreads as well as the possibility to set Stop Loss and Take Profit simultaneously with the opening of a position. You can download other versions of this library trading algorithms at.

The EA default input parameters are used in the following tests. Stop Loss and Take Profit were not used in the test.

Figure 1. Example of trade on chart

2016 AUDUSD H6 test results:

Figure 2. Test result graph

Attachment download

📎 tradealgorithms.mqh (223.62 KB)

📎 exp_sar_tm_plus.mq5 (14.97 KB)

Source: MQL5 #20629