Saturday, December 7, 2019
Home Expert Advisors 5 Minute Forex Scalping Robot With Parabolic SAR And MACD Candle Indicator
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5 Minute Forex Scalping Robot With Parabolic SAR And MACD Candle Indicator

$70.00 $35.00

Please input your Account Name as registered with your MT4 broker

Description

This is a 5 Minute Forex Scalping Robot using Parabolic SAR And MACD Candle Indicator.

You can also use this Forex Robot on larger time-frames as well for swing trading or position trading. Just remember to adjust profit targets if you switch to larger time-frames.

You need 3 indicators for this scalping robot:

  • 125 EMA
  • MACD Candles V3 Indicator
  • Parabolic SAR (0.02 step)

You can use the scalping robot on these pairs: EUR/USD, GBP/USD, EUR/JPY, GBP/JPY

For Trading sessions: Euro and US

Buying Rules

  1. Price must be moving above the 125 EMA
  2. The MACD candle must be green.
  3. The Parabolic SAR dot must form below the price.
  4.  When the above three conditions are met the EA opens a Buy trade and places stop loss at X Pips Offset (1 pip default) below the parabolic SAR dot.
  5. Take profit is set by the EA at Y Pips (default  20  pips) or Risk:Reward of 1:2 (you can set the option for the EA to use)

 

Selling Rules

  1. Price must be moving below the 125 EMA
  2. The MACD candle must be red.
  3. The Parabolic SAR dot must form above the price.
  4.  When the above three conditions are met the EA opens a Sell trade and places stop loss  at X Pips Offset (1 pip default) below the parabolic SAR dot.
  5. Take profit is set by the EA at Y Pips (default  20  pips) or Risk:Reward of 1:2 (you can set the option for the EA to use)

The price for this EA is $35 for 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.

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