Thread: Parabolic SAR EA

Originally Posted by 823

Both? Can you explain better please?


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[size="1"]extern int StopLoss=0;//|------------------------stop loss
extern int TakeProfit=0;//|----------------------take profit

If i use only the trailing stop and trailing step like this:
extern int TrailingProfit=0;//|------------------trailing stop after profit reached
extern int TrailingStop=50;//|--------------------trailing stop
extern int TrailingStep=30;//|--------------------trailing step
the stop moves of 30 pips when maket is >50 isn't it?

You can ignore the TrailingStep. Here, it will be like to have a 80 pips trailing stop. The EA will place a stop loss of 80 pips and then will move the SL as the market moves in the wanted direction.

Originally Posted by 823

Witch is the difference using the trailing Profit? and the difference between trailingProfit and TakeProfit?

The trailing stop will be enabled as soon as there is a profit at least equal to trailing profit (in fact the trailing profit has the function of the trailing step). The Takeprofit is the the target in pips. The code will close the order if the target is reached.

Originally Posted by 823

extern int Slippage=3;//|------------------------slippage <--what is it?


Thanks

It is the maximum difference in pips between the signal to execute an order, and the price at which the order will be executed.

Originally Posted by 823

ok thanks.




If i have the same EA running in eurusd H1 / eurusd H4 / eurusd H30
Have I to change the magicnumber? and so create 3 "differents" EAs?

Yes you have to do it.

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Originally Posted by funyoo

Parabolic SAR and 3 SMA EA.

EU H1. On one year.

Default with EnterOnlyAtSARCross = true, EnterOnlyAtSMACross = true, MM = true, Risk = 5, StopLoss = 220, TakeProfit = 140, and AddPositions = true.

Total net profit : 93.38%
RDD : 28.89%

Funyoo can you also post this EA??

...because i tried to make it but it doesn't place any order
and refering this post:

Originally Posted by automatic

hi


maybe use a 3sma filter?

if ALL 3 sma in order e.g for uptrend if 30sma is over 50sma which is over 100sma then buy 1 next up sar signal. opposite for downtrend ie if 30 is under 50 which is under 100 sell 1 next sell sar.

if 3 sma not in order no sar trade. 1 trade open only so need close of any existing trade before new trade. wait for first signal. Use one sar. if stopped out or tp then wait for next sar condition. ie no automatic open of new trade.



maybe also usual options like add positions, time filter etc

logic is sar is a trending signal so needs a strong trend filter. 3 sma in order signal should help keep it out of trades in ranges ie when 3 sma not in order.

I've traded in manually with good results using this rule:
Parabolic Sar + 3 SMA: 10, 25, 50.


If 10sma cross from down to top the 25 and 50 and PSAR(downside)--> buy
If 10sma cross from up to down the 25 and 50 and PSAR(upside)---> sell

Is it possible create an Ea having this rule?

thank you very much funyoo