Input Parameters

Parabolic_TrailingStop – EA MetaTrader 5

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The Stop Loss value of an open position changes when the following conditions are met:

  1. The value of Parabolic SAR at index 1 is greater/less than the open price (for buy and sell trades respectively);
  2. The value of Parabolic SAR at index 1 is less/greater than the Low/High of bar with index 1 (for buy and sell trades respectively);
  3. Parabolic SAR on index 1 is formed after the position open time.

The inputs of the utility are:

  • base_tf – the timeframe for the Parabolic SAR indicator to be used for trailing Stop Loss;
  • SAR_step – price change step (the parameter of “Parabolic SAR”, default is 0.1);
  • maximum_step – maximum price change (the parameter of “Parabolic SAR”, default is 0.11);
Alternative:  i-DRProjections_v1 - indicator MetaTrader 5

Input Parameters

Trailing of Stop Loss of an open position


Parabolic_TrailingStop – expert for MetaTrader 5
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