MarketPeckerGOLDV3

MarketPeckerGOLDV3

? Product Description

SAR MACD Pro EA is a sophisticated automated trading system that combines two powerful technical indicators: Parabolic SAR and MACD. Designed for traders of all levels, this EA identifies optimal entry points with integrated risk management.

Trading Idea: The EA looks for convergences between Parabolic SAR directional changes and MACD line crossovers to generate reliable trading signals.

⭐ Key Features

✅ Technical Features

• Double confirmation: SAR + MACD for enhanced accuracy

• Risk management: Stop Loss and Take Profit calculated in USD

• Built-in protection: Magic number and expiration control

• Robustness: Advanced error handling and synchronization

• Compatible: Works in both Netting and Hedging modes

• Optimized: High-performance MQL5 code

✅ Trader Advantages

• Complete automation: 24/7 trading without supervision

• Clear logic: Strategy based on proven indicators

• Flexibility: Adjustable parameters according to your risk profile

• Transparency: Detailed logging of all operations

? System Requirements

Platform

• MetaTrader 5 (recent version)

• Real or demo trading account

Recommended Symbols

• Main: XAUUSD (Gold)

• Timeframes: M1 (optimal)

Account Conditions

• Account type: Standard, ECN, or Raw Spread

• Leverage: Minimum 1:20 recommended

• Minimum capital: 600 USD (for 0.01 lot)

? Installation

Installation Steps

1. Download

   • Purchase and download the EA from MQL5 Marketplace

   • The  .ex5  file will be automatically installed

2. Attachment to Chart

   • Open MetaTrader 5

   • Drag and drop "SAR MACD Pro EA" onto XAUUSD M1 chart

   • Allow automated trading if prompted

3. Initial Configuration

   • Set parameters according to your risk profile

   • Enable "AutoTrading" in MT5

Verification

• Verify that the smiley face icon appears in the top-right corner of the chart

• Check the Experts journal for "EA initialized successfully"

⚙️ Parameters

Group: Account Protection

Group: Trading Parameters

Group: Indicator Parameters

? Trading Strategy

Signal Logic

BUY Signal

1. SAR Condition: Parabolic SAR moves below current price

2. MACD Condition: Bullish crossover (MACD > Signal)

3. Confirmation: Both conditions must be met simultaneously

SELL Signal

1. SAR Condition: Parabolic SAR moves above current price

2. MACD Condition: Bearish crossover (MACD < Signal)

3. Confirmation: Both conditions must be met simultaneously

Visual Example

?️ Risk Management

Stop Level Calculation

The EA automatically calculates SL/TP distances based on:

• Stop Loss: Converts USD amount to pips according to volume

• Take Profit: Configurable risk/reward ratio

• Minimum distance: Respects broker requirements

Calculation Example

Capital: 1000 USD
Lot Size: 0.01
Stop Loss: 8 USD
→ SL distance: ~80 pips (varies by pair)
→ R:R ratio: 1:7.5

Security Features

1. Margin check: No opening if insufficient margin

2. Volume control: Normalization according to broker rules

3. Error protection: Robust exception handling

4. Trade limit: Maximum 1 trade per M1 bar

? Recommendations

Beginner Configuration

Advanced Configuration

Lot Size: 0.02-0.05
Stop Loss USD: 10.0-15.0
Take Profit USD: 75.0-100.0
SAR Step: 0.03
SAR Maximum: 0.25

Money Management

• Minimum capital: 600 USD for 0.01 lot trading

• Risk per trade: 1-2% of capital

• Maximum simultaneous trades: 1

• Trading hours: 24/7 (except market closures)

? Best Practices

Backtesting

1. Period: Test on 2 years of data

2. Symbols: XAUUSD M1 gives best results

3. Data quality: Use "Every tick" or "Open prices only"

Forward Testing

1. Demo account: Test 1-2 months before going live

2. Monitoring: Monitor weekly performance

3. Adjustments: Refine parameters if necessary

Live Trading

1. Start: Begin with 0.01 lot

2. Monitoring: Check daily

3. Journal: Regularly consult the Experts journal

❓ FAQ

Q: Does the EA work on other timeframes?

A: Yes, but M1 is optimal. Test H4 or D1 according to your style.

Q: Can I modify parameters during trading?

A: Yes, changes take effect immediately.

Q: How many trades does the EA open per day?

A: Approximately 30-34 trades per day on XAUUSD M1.

Q: Does the EA require updates?

A: No, the EA is self-contained. Updates will be available if necessary.