Description
Psar Vision EA_ex4: EA utilizes the Parabolic SAR (PSAR) indicator to identify optimal entry (Buy) and exit (Sell) points in the forex market.
💡 What is Psar Vision EA (MQL4)?
Psar Vision EA_ex4 is an Expert Advisor developed using MQL4 programming language, designed to work seamlessly on the MetaTrader 4 (MT4) platform. This EA utilizes the Parabolic SAR (PSAR) indicator to identify optimal entry (Buy) and exit (Sell) points in the forex market. Built using the FxDreema tool, the EA is compiled into an EX4 file format, offering flexibility and customizability for traders looking to automate their trading strategies.
Thank you for reading this post, don't forget to subscribe!🔍 EA Structure Trading System:
- Psar Vision EA employs the principles of the Parabolic SAR (PSAR) to generate trading signals.
- Multiple “Condition” blocks are used to validate trade entries, ensuring only high-quality signals are executed.
- “Formula” and “Modify Variables” functions allow for automated calculation and adaptation to market changes.
Buy/Sell Strategy:
- When all buy conditions are met, the EA triggers a “Buy Now” order.
- Conversely, when sell conditions align, it initiates a “Sell Now” order.
- The “Once per bar” setting prevents multiple orders within the same candlestick, reducing overtrading risks.
Risk Management:
- The EA incorporates a “Delay” function, which pauses new orders after closing a trade, protecting against market volatility.
🌟 Key Features of Psar Vision EA (MQL4)
- Easy to Use: Simple setup and operation for all trader levels.
- Enhanced Safety: Stringent conditions validate trade signals before execution.
- Highly Customizable: Allows modification of input variables and trading conditions.
- Market Adaptability: Effective in both bullish and bearish market conditions.
💼 Technical Specifications
- Recommended Initial Capital: $100 USD (Cent) or $1,000 USD (Standard)
- Lot Sizing: Autolot system adjusts lot size based on account balance
- Order Closing System: Automatic take profit (TP) and stop loss (SL) mechanisms
- Trading Symbols: EURUSD, GBPUSD, USDJPY
- Timeframe: 1 Hour
⚠️ Warnings and Precautions
- Always backtest with 99.9% Tick Data before live deployment.
- Start with a Demo Account to understand EA behavior and performance.
- Trading involves risks. Manage your capital wisely and set appropriate risk levels.
Stay Updated and Get Support
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- Support Contact: Contact Us
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Psar Vision EA, Forex Trading, Expert Advisor, MQL4, MetaTrader 4, Parabolic SAR Strategy, Automated Trading, Risk Management, Trailing Stop, Trading System
