PZ Parabolic SAR Metatrader 4 Forex Robot

The PZ Parabolic SAR Metatrader 4 Forex Robot is an expert advisor that runs on a simple curreny trading strategy.

The EA takes advantage of two Parabolic SAR indicators with varying periods to determine the direction of the trend as well as point of exit.

The PZ Parabolic SAR forex robot gives accurate triggers on when to buy or sell, and its exit point is determined by the faster PSAR.

Seemingly, it is the slow Parabolic SAR component that determines when a buy or sell trade gets triggered.

In view of this, the PZ Parabolic SAR  is a great tool for intraday trading.

Considering its fully configurable features, the EA works best with both ECN/Non-ECN brokers.

It has a default 2% money management risk exposure, as well as presenting configurable trading sessions.

. Free Download

Download the “PZ_ParabolicSar_EA.mq4” MT4 robot

Strategy Tester Report

Find below the PZ Parabolic SAR tester report for the EUR/USD forex pair on the Daily chart.

Overall Performance

The EA made a total profit of $10136.60 from a total of 115 trades. The largest winning trade generated $1715.90 in profits while the largest losing trade generated a loss of-$1670.90.

Statistics:

Bars in test: 2911 ticks modelled

Initial deposit: $10000.00

Total net profit: $10136.60

Total trades: 115

Largest profit trade: $1715.90

Largest loss trade: -$1670.90

Consecutive wins: 3

Consecutive losses: 2

Download

Download the “PZ_ParabolicSar_EA.ex4” Metatrader 4 robot

MT4 Forex Robot Characteristics

Currency pairs: Any

Platform: Metatrader 4

Type: Expert advisor

Input Parameters: TL_EX, StartHour, StarMimute, StartHour, endMinute, PS_Ex, PS_Ex2, TradeStep, TradeMax, PS_Ex3, StopStep, StopMax, SL_Ex, …

Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

Type: Parabolic SAR

Installation

Copy and paste the PZ_ParabolicSar_EA.mq4 into the MQL4 Experts folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Experts (paste here)

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