The work of this Expert Advisor is based on the work of the Parabolic SAR indicator.
The extended version of the Expert Advisor includes the following changes and improvements:
- The Expert Advisor’s behavior on various types of trading accounts and various conditions(fixed/floating spread, ECN/cent accounts, etc.) is monitored.)
- The functionality of the Expert Advisor has been expanded. Became more flexible and improved efficiency, in particular monitoring of open positions.
- It works on both 5-digit and 4-digit quotes.
- The Expert Advisor does not use martingale, grid, or arbitrage.
- EA Comment — The Expert Advisor’s comment.
- Magic number — The magic number of the adviser. To work only with your own orders.
- Max.spread(points) — Limit the maximum spread in points. 0 – not used.
- Lot — the base lot for opening a new order.
- Stop Loss(points) — Stop loss in points of the current instrument.
- Take Profit(points) — Take profit in points of the current instrument.
- Slippage(points) — The maximum deviation from the price in points of the instrument.
- Timeframe for the calculation — the working timeframe of the Expert Advisor, which is used for trading.
- Step PSAR — the standard Parabolic SAR parameter. The step of increasing the speed of the indicator.
- Maximum PSAR — the standard Parabolic SAR parameter. The maximum coefficient of the rate of convergence of the indicator with the price.
- Time limit — The time limit of the Expert Advisor.
- Start hour — The starting hour of work.
- Start minute — The starting minute of the work.
- Stop hour — The hour when the work ends.
- Stop minute — The minute when the work ends.
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