Thursday, July 20, 2017

PSAR Trend Trading MT5

PSAR Trend Trading MT5


Advisor is part of a deal with the change of the trend in the current timeframe.


The open position is closed upon detection of a reverse trend or when the take-profit or stop-loss.


I have created a signal based on the daily charts https://www.mql5.com/ru/signals/316404. Expected number of transactions per week - from two to five.





Features



  • Easy to set up and use.

  • It works with any Forex-broker.

  • It supports any type of account, including mini and micro.

  • It works on any symbol and timeframe.

  • Only one open position in each chart.





Options



  • lot - Presumptive Lot

  • stoploss - stop-loss points on five-digit quotes

  • takeprofit - take-profit points in the five-digit quotes

  • pips - the maximum distance in points between the opening price of the current candle and the closing price of the previous candle

  • step - Parabolic SAR step

  • max - the maximum value of Parabolic SAR

  • market - Market execution

  • fok - order will be executed only in the specified volume

  • ret - in the event of partial execution of a market or limit order to the residual volume is not removed, but continues to act

  • ioc - commit transaction to the maximum available on the market volume in the range specified in the order

  • slipp - maximum slippage

  • sec - pause in seconds between attempts to open a position





Documentation



  • Parabolic SAR: https://www.metatrader5.com/ru/terminal/help/indicators/trend_indicators/psar

  • execution Policy: https://www.mql5.com/ru/docs/constants/tradingconstants/orderproperties#enum_order_type_filling


PSAR Trend Trading MT5

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