PSAR Strategy for Forex Tester

Indicators coded by community members
Mike 4xdev
Posts: 6
Joined: Tue Sep 21, 2021 5:05 am

PSAR Strategy for Forex Tester

#1 Postby Mike 4xdev » Tue Nov 23, 2021 9:43 am


We have just released an innovative Expert Advisor for Forex Tester. It is a fully automated Forex trading robot with a built-in Parabolic SAR indicator.

This strategy is:
✅ User-friendly.
✅ Configurable.
✅ Equipped with customizable SL, TP, Break-Even, Trailing Stop, and money management features.
✅ Designed with all required functions to manage positions.


The PSAR strategy can:
  • Track trend pivot points.
  • Check formed bars on which the PSAR pivot point is occurring. The strategy instantly reacts to a pivot opening the order on the current bar.
  • Show when it is safe to buy, safe to sell, or stay out of the market.
  • Identify whether you should close a position by momentum or have several positions of the same type.
  • Remove the Stop Loss level on the opening price after overcoming a certain distance thanks to the BreakEven option.

You can:
  • Swap opening conditions of Buy and Sell orders by applying input parameters.
  • Confirm the signal using an additional PSAR indicator on the higher timeframe. Consider it as an extra filter.

Note! Unformed bar signals do not guarantee the signal validity for bar closing.


We have equipped our EA with more than 14 additional parameters. So, you can change them at your will.

Note! Try PSAR Strategy on your demo account first before going live.

Contact Info

Contact us via

Perform a great trade — with 4xDev.
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