AbarkSAR
adviser AbarkSAR It takes a position based on the Parabolic SAR indicator signal and the price action and keeps it open as long as the opposite signal appears. After that, it changes the value of Take Profit in accordance with the configuration parameter ModifyTP. As soon as a profit-advisor will open opposite trades when price action will coincide with the calculation. The value of Take Profit depends on how far the market with the appearance of the opposite signal, while never goes into drawdown.
The expert showed successful results with the basic settings on the daily timeframe on EURUSD and AUDUSD, as well as the USDJPY H4 since 2011. The highest reliability demonstrated pair EURUSD. As an expert Ranger, this EA can be used for item 0.01 on the bill of $ 100. To minimize this risk, we recommend that you use it in conjunction with other experts or your own trading strategies.
About Us, large stop loss and past activity
We - a small group of traders who prefer a slow and gradual increase in profits is a risky strategy. Our trading methods are based on trade in large volumes at small lot size. At first we thought that fully automate the effective trading strategy is impossible, however, soon found that our approach, even when automated, can show a steady growth for several years, provided that we provide enough time and space for the market movement. Potentially unprofitable restarting transaction compensated advisor after receiving loss, thus reducing the negative influence on the score.
Over time, our approach allowed us to double the number of different accounts. We will continue to use this approach in the future.
For more information on our successful approach to automated trading can be found in the section "Discussion" Ranger product.
settings
Key:
- SAR_step - step value SAR
- SAR_max - the maximum SAR value
- ModifyTP - when a signal of the opposite value is added to the current price Ask Bid or as a value Take Profit
Lot Size:
- CalculateLotSize - lot size based on the account balance of the share that you want to give to the adviser's disposal.
- BaseAccountBalance - 'starting point' for the lot size at CalculateLotSize, equal to true. Not used when CalculateLotSize is false (cm. Below). The lot size will increase in accordance with the configuration and BaseLotSize BaseAccountBalance.
- BaseLotSize - the minimum amount of the transaction, regardless of other settings.
- StopLoss - Stop Loss value in pips.
If CalculateLotSize is true:
The lot size is BaseLotSize, multiplied by (account size / BaseAccountBalance).
Example 1:
If you want to set the level of risk to 0.01 lots for every $ 100 in your account, adjust the values as follows:
- BaseLotSize = 0.01
- BaseAccountBalance = 100
If your account balance is 100, using these settings the first volume of the transaction is 0.01 lots. Once your account balance reaches 200, the lot size will be 0.02.
If your account balance is 500, using these settings the first volume of the transaction is 0.05 lots. Once your account balance reaches 700, the lot size will be 0.07.
EXAMPLE 2:
If you want to set the level of risk for 1 lot for every $ 10,000 in your account, adjust the values as follows:
- BaseLotSize = 1.0
- BaseAccountBalance = 10000
If your account balance is 10 000, with these settings first volume of the transaction is 1 lot, and will increase in the future.
If your account balance is 30 000, with the given settings volume of the first transaction will be 3 lots and will increase in the future.
EXAMPLE 3:
If you want to set the level of risk for 1 lot for every $ 30,000 in your account, set the values as follows:
- BaseLotSize = 1.0
- BaseAccountBalance = 30000
The first volume of the transaction is 1 lot. Once your account balance reaches 30,300, the volume of transactions will increase to 1.01 lots (assuming that your broker allows you to trade in such volumes).
It is best adviser operating principle can be understood by testing the strategy tester.
If CalculateLotSize is false:
The volume of transactions will be BaseLotSize, regardless of account size or BaseAccountBalance.
For example, when BaseLotSize, equal to 0.02 Lot Advisor will open positions volume 0.02 bid regardless of whether the size of your account is $ 50 or $ 50 million.
andonbarker@hotmail.com
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