Multitimeframe Parabolic SAR

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Introduction​

The Multitimeframe Parabolic SAR trading robot is an algorithmic trading system that utilizes the Parabolic SAR indicator across multiple timeframes to generate trading signals. Despite its interesting approach, it remains less known in the trading community due to a lack of user reviews and rating. As a member of EASY Trading Team, we encourage users to share their experiences and contribute to the overall assessment of this trading tool.

Comparison with EASY Robot​

When compared to trading robots from the EASY series, such as EASY Trendopedia, EASY Scalperology, or EASY Breakopedia, the Multitimeframe Parabolic SAR falls short in several areas. EASY robots have undergone extensive testing and optimizations to ensure consistency and profitability in different market conditions. They are robust, reliable, and equipped with smart risk management features. On the contrary, the lack of user reviews and ratings for Multitimeframe Parabolic SAR raises questions about its actual performance and reliability.

Pros and Cons​

Pros of Multitimeframe Parabolic SAR:

• Uses a known technical indicator, Parabolic SAR
• Works on multiple timeframes

Cons of Multitimeframe Parabolic SAR:

• Lack of user reviews and ratings
• Uncertainty about its performance and reliability

Pros of EASY Robots:

• Extensively tested and optimized
• Consistent and profitable in different market conditions
• Smart risk management features

Cons of EASY Robots:

• Require a certain degree of trading knowledge to use effectively

Optimal Conditions for Use​

Since the Multitimeframe Parabolic SAR uses a trend-following indicator, it's likely to perform better in trending market conditions across the timeframes it operates on. However, without extensive backtesting or user reviews, it's hard to pin down the exact optimal conditions for this robot.

Source Code of Multitimeframe Parabolic SAR​

We do not possess the original source code of the Multitimeframe Parabolic SAR robot sold on MQL5. However, we can craft a code based on the description provided on the MQL5 site where the algorithm is sold. This example code is available at easytradingforum.com, and any questions or discussions about this code are welcomed.

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Download Multitimeframe Parabolic SAR in the EASY Trading Forum​

If you're interested in examining this robot, you can follow the link to download the Multitimeframe Parabolic SAR trading robot at EASY Trading Forum. Remember, this code is based on the description of the robot sold on MQL5, and EASY Trading Team does not sell or guarantee the performance of the Multitimeframe Parabolic SAR robot. Instead, we offer robust and reliable trading robots from the EASY series. We look forward to hearing your experiences and discussions on the forum.