Expert Advisors • Indicators • Scripts • Libraries

MQL.RobotFX.org is the biggest collection of MetaTrader expert advisors (MT5 & MT4), indicators, scripts and libraries that can be used to improve trading results, minimize risks or simply automate trading tasks

MetaTrader 4 Expert Advisor | PSAR trader v2

MetaTrader Experts, Indicators, Scripts and Libraries

PSAR trader trades using parabolic SAR signals. If you downloaded the other versions it is recommended you update it with this version.

The EA includes a time filter and supports ECN brokers. The none straight forward settings are explained below:

  • CloseOnOppositeSignal- If true if an opposite signal is given all trades that had been opened with the previous signal will be closed.

NOTE:

  1. The EA is designed for 5 digit brokers since most major brokers are 5 digit nowadays.
  2. Its up to you to discover the optimum settings for your strategy the default settings have not been tested/optimized.
10901

Best MetaTrader Indicators + Profitable Expert Advisors