Monday, December 9, 2019
Home Expert Advisors 5 Minute Forex Scalping Robot Using Parabolic SAR And 200 EMA
Sale!

5 Minute Forex Scalping Robot Using Parabolic SAR And 200 EMA

$45.00 $25.00

Please input your Account Name as registered with your MT4 broker

Description

This 5 Minute Forex Scalping Robot Using Parabolic SAR And 200 EMA uses one easy forex scalping system to use as the rules are really simple to follow.

The Scalping Robot uses the following indicators in the strategy:

Parabolic SAR (settings:0.02 step)
200 exponential moving average applied to the close.
de-munyuk-indicator

Best timeframe: 5 minute charts

Trading Sessions: UK and US

Currency Pairs to trade: any with low spread, like EURUSD, GBPUSD, USDJPY

Buying Rules

  1. Price must be above the 200 EMA (this indicates an uptrend)
  2. Parabolic SAR dots appear below the price (this indicates bullishness)
  3. !De_Munyuk indicator must be green or flips from red to green (short term uptrend)
  4. When the above 3 conditions are met then the EA opens a Buy trade and places a stop loss X Pips (default: 1 pip)  below the Parabolic SAR Dot.
  5. The EA also sets Take profit at Y Pips (default: 15 pips)

 

Selling Rules

  1. Price must be below the 200 EMA (this indicates a downtrend)
  2. Parabolic SAR dots appear above the price (this indicates bearishness)
  3. !De_Munyuk indicator must be red or flips from green to red (short term downtrend)
  4. When the above 3 conditions are met then the EA opens a Sell trade and places a stop loss X Pips (default: 1 pip)  above the Parabolic SAR Dot.
  5. The EA also sets Take profit at Y Pips (default: 15 pips)

The price for this EA is $25 with  lifetime License Linked to Client Name. You can use it on as many systems and brokers till the time it is you who is using the EA.

Reviews

There are no reviews yet.

Only logged in customers who have purchased this product may leave a review.

Article of the day