Description
PSar Recovery EA_MQL4: Advanced Recovery Trading Strategy with Parabolic SAR and ADX.
📈 What is PSar Recovery EA (MQL4)?
Thank you for reading this post, don't forget to subscribe!The PSar Recovery EA (MQL4) is an Expert Advisor (EA) developed using the MQL4 language through the Fxdreema tool. This EA offers full code customization, allowing developers to modify and enhance the EA to fit their own trading strategies. The EA utilizes a Recovery trading strategy by combining Parabolic SAR (PSar) and ADX Indicator signals to maximize profit opportunities and minimize trading risk.
🔍 EA Structure
The structure of PSar Recovery EA includes:
- PSar and ADX Usage: Identifies market reversal points with conditions for Buy Now and Sell Now orders
- Automated Order Management: Implements Conditions to avoid duplicate order entries and utilizes the Once per bar feature to enhance trade precision
- Automated Trade Closure with Custom MQL Code: Uses Check Profit Unrealized to automatically close trades when target profit is reached
- Full Code Flexibility: Ideal for developers seeking to adapt and refine the EA according to specific investment strategies
🌟 Key Features of PSar Recovery EA (MQL4)
- MQL4 Code Customization: Enables advanced tailoring of the EA to match personalized trading strategies
- Automatic Lot Sizing (Autolot): Calculates lot sizes based on account balance, promoting effective risk management
- Recovery Trading Strategy: Enhances profit potential in highly volatile markets
- Dynamic Stoploss & Trailing Stop System: Ensures optimal risk management and enhances trade safety
💼 Technical Information
- Recommended Initial Capital: $100 USD (Cent) or $1000 USD (Standard)
- Lot Size Type: Autolot automatically adjusts lot size based on capital
- Trade Closing System: Dynamic Stoploss & Trailing Stop
- Trading Symbol: EURUSD
- Timeframes: 1 Hour
⚠️ Warnings and Precautions
- Using an EA with a Recovery system carries specific risks
- Perform Backtesting with Tick Data 99.9% before live trading
- Always start with a Demo Account before switching to a Real Account
📢 Follow Us for Updates and Support
- YouTube: @mqlrobot
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- Support Contact: Contact Us
- Line Support: Line Support
👉 Download the MQL File Now: MQLRobot.com
MQL4, PSar Recovery EA, Expert Advisor (EA), Parabolic SAR, ADX Indicator, Recovery Strategy, Dynamic Stoploss, Trailing Stop, Autolot System, EURUSD, Forex Trading
