The Lead Crusher Parabolic SAR Forex MT4 robot is an automated trading program that is designed to enter and exit trades on its own based on the initial parabolic SAR signal.
The parameters of take profit, lot size for opening trades, stop loss, trailing stop and more, affects the EA greatly.
When trying to match the robot’s operation with those of the Parabolic SAR indicator, then there’s need to adjust the expert advisors’ ”Step” and “maximum” value(s) to those of the SAR indicator.
This tweak is just to offer a better visual representation, since the EA does not need the MT4 indicator to work.
Any one can plug this expert advisor to their MT4 platform hassle-free.
The EA made $183382.92 profit on the EUR/JPY pair 4-Hour chart from an initial deposit of $35000.
Feel free to tryout the robot on any major Forex pair of your preference (EUR/USD, GBP/USD, USD/JPY, …) along with exotic pairs like EURZAR, EURHUF, NZDCHF, SGDJPY, etc.
Default EA settings:
Stop Loss: 90, take profit: 20, lots: 0.1, slippage: 5, caution: advanced settings follow. Don’t change if you don’t know what you are doing, step: 0.001, maximum: 0.2.
The default EA settings can be modified directly by editing the source code or changing the Forex robot’s input values.
It’s highly advised to test the expert advisor for MT4 on a practice account first before running it on a live Forex account.
Download This MT4 Forex Robot Free
Strategy Tester Performance Report
Find below the strategy tester performance report for the Lead Crusher Parabolic SAR expert advisor attached to the EUR/JPY 4-Hour trading chart.
Strategy Tester Performance Highlights
The Lead Crusher Parabolic SAR expert advisor made a total profit of $183382.98 ($35000 initial deposit) from 2 trades during the initial testing period.
The largest winning trade generated $187499.73 in profit, while the largest losing trade lost -$4116.75.
See the test results report above for all details.
Download This Expert Advisor Now
Stop Loss, take profit, lots, slippage, caution, step, maximum.
More Info About This Expert Advisor
Recommended Currency pairs: Majors & Exotics
Trading Platform: MT4
Time frames: M30 – D1
Expert Advisor Type: Swing Trader
Copy and paste the expert advisor in the MT4 experts data folder.
Then restart the MT4 terminal and attach it to any chart.