Forex Xsar Expert Advisor review:
The Forex Xsar Expert Advisor is based on the strategy using the Parabolic SAR. It is easy to use and quite efficient.
The EA was configured on five-digit charts. Optionally, you can configure it for four-digit ones.
The lot size can be fixed or automatic. In this case, the lot is calculated based on the defined risk as a percentage of a deposit.
The EA can send notifications or emails to a specified e-mail address when opening or closing orders.
The default settings are selected for EURUSD M30. For other pairs, it is necessary to change the settings.
- Lots = 0.05 – lot size. If 0.0, the size is calculated automatically.
- StopLoss = 500.0 – the size of the StopLoss.
- PerProfit = 600.0 – the size of the TakeProfit.
- Slippage = 5 – slippage when opening or closing orders.
- Risk = 10 – risk amount as a percentage of a deposit for the automatic lot calculation.
- MsgAlerts = false – display messages.
- eMailAlerts = false – send messages to an email address specified in the terminal settings.
Copy and paste the file into the MQL4 Experts folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Experts (paste here)