Description
(Mqlrobot) Psar ADX TPSL EA MQL4—A Sophisticated EA for Trading with Parabolic SAR and ADX Following Trends
Designed on the FxDreema platform, a widely used tool for EA creation, (Mqlrobot) Psar ADX TPSL EA MQL4 is developed using MQL4. Created for trend-following trading strategies, this EA ensures accuracy and efficiency by utilizing Parabolic SAR and Average Directional Index (ADX) signals.
Thank you for reading this post, don't forget to subscribe!Characteristics and Process
1️⃣ Trading Methodologies
✔ Combining ADX to gauge the strength of the trend with Parabolic SAR to examine market trends and reversal points.
✔ When the ADX indicates a clear trend, the EA opens buy (BUY) or sell (SELL) orders accordingly.
2️⃣ Closing System
✔ Take Profit (TP): Closes trades when a set profit target is reached.
✔ Stop Loss (SL): Sets a defined stop level to control potential losses.
3️⃣ Customizable Conditions
✔ Users can modify Parabolic SAR, ADX levels, take profit, stop loss, and max order parameters.
Technical Specifics
📌 EA Type: Trend Following EA
📌 Suggested Starting Funds: 100 USD per 0.01 lot
📌 Lot Type: Fixed Lot
📌 Trading Strategy: Parabolic SAR and ADX combination
📌 Closing System: Take Profit, Stop Loss
📌 Trading Symbol: EURUSD
📌 Timeframe: 1 Hour
Why Choose This EA?
✔ Fully Adjustable—Customize multiple trading parameters to fit your strategy.
✔ Perfect for Trend-Following Markets—Works best in clear market trends.
✔ Parabolic SAR and ADX Integration—Provides accurate trend analysis and momentum strength evaluation.
Advice and Alert Notes
⚠ Risk Disclaimer: Trading involves risk. Users bear full responsibility for their trading outcomes.
⚠ Backtesting: It is highly recommended to test the EA using 99.9% tick data accuracy before live trading.
🚀 Start improving your trading performance now with (Mqlrobot) Psar ADX TPSL EA MQL4!
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