Forex Xsar Expert Advisor

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.

Parameters

  • 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.

Test results:

Forex Xsar Expert Advisor

Installation

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)

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