PSAR Trailing Stop

[Enivid]

Discuss PSAR Trailing Stop expert advisor here. This free MT4/MT5 EA provides an automated trailing stop tool based on the standard Parabolic SAR indicator with highly customizable trade filtering parameters. You can ask any questions about this MetaTrader robot here.

 

[Enivid]

Version 1.04 released with multiple improvements.

 

[Enivid]

The EA has been updated to version 1.05 to fix some bugs that could cause incorrect trailing stop application.

 

[payback]

Hi, i just discovered this EA, Is there any updated "hidden" version ? tq

 

[Enivid]

Hi, i just discovered this EA, Is there any updated "hidden" version ? tq

No. This isn't something I would be adding to this EA.

 

[payback]

ok tq.

 

[270006emma]

hello

 

[DaVinciFX Group]

Friends, are there any tests? Please share.

 

[Enivid]

PSAR Trailing Stop has been updated to version 1.06 to implement the following changes:

• Added an option to trail stop-losses only when a trade reaches some amount of profit first (ProfitPoints).
• Added an input parameter to select the chart corner to place the EA's control panel.
• Changed how the EA detects whether auto-trading is off or on for more informative messages.
• Fixed an issue when the EA could use PSAR above the price for Buy positions and PSAR below the price for Sell positions when Shift was to a value greater than 0.

 

[Zsolt1]

Thanks

 

[Criptofuture]

Thank you very much for making this available. I appreciate it a lot!
When I load the EA on a chart, it doesnt plot the PSAR points, so to be aware of how the trailing stop would move. Is there a way to check graphically how it would move? Im having the same situation with ATR Trailing Stop.

Thanks a lot in advance!

 

[Enivid]

Thank you very much for making this available. I appreciate it a lot!
When I load the EA on a chart, it doesnt plot the PSAR points, so to be aware of how the trailing stop would move. Is there a way to check graphically how it would move? Im having the same situation with ATR Trailing Stop.

Thanks a lot in advance!

You can just load the standard indicator with the same parameters.