Parabolic EA 2.0

Metatrader (MT4) Expert Advisor

"Investing is the intersection of economics and psychology."
- Seth Klarman
Do you trade with the Parabolic SAR Indicator? This expert advisor implements a fully-customizable parabolic sar trading strategy for free!
  • Easy to use and supervise
  • Fully configurable indicator settings
  • Trades can be closed on opposite signals
  • Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols
  • Trading is FIFO (NFA) Compliant
  • Implements a martingale feature
  • Filter trading by forex sessions
  • Customizable SL, TP and TS
Boost your trading returns for free with the PZ Parabolic EA, like hundreds of users have already done!

Screenshots

Settings and Input Parameters

When loading the expert to any chart, you will be presented with a set of options as input parameters. Don't despair if you think they are too many, because parameters are grouped into self-explanatory blocks.

Trading Settings
You can trade long, short or both.
Parabolic Sar Settings
This parameter group holds the Parbolic Sar settings.
Session Settings
Enable or disable trading for the Assian, European or American sessions.
Position Management
This group of settings applies to trading decisions and trade management. You can select trading direction, break-even in pips, trailing-stop in pips, trailing-step in pips, stop-loss in pip and take-profit in pips.
Money Management
In this settings block you can set the lotsize for the first trade, or allow the EA to calculate it by itself. It also implements a martingale behavior. Entering a manual lot size is recommended.
EA Settings
You can select the magic number for the trades, custom comment and manual pip value if you need to override the one the default one. Do not change these unless you know what you are doing.
Frequently Asked Questions
Can I disable the stop-loss and trade it as a reversal system?
Does the EA use tick data?
What do I need to know to use this EA?