UniParabolicTrader EA for MT5
Posted: Sat Apr 27, 2024 2:30 pm
The UniParabolicTrader EA for MT5 which has been converted from the MT4 version was posted here.
It has some improvements over the MT4 version as follows:
I think there is a need to add a spread filter in the near future. This is important for those who plan to use the Expert Advisor as a scalper.
![Image](https://pbs.twimg.com/media/GMLZan6WMAAGSHb?format=png&name=large)
It has some improvements over the MT4 version as follows:
- Added TrailingStopShift parameter allowing you to use different shifts for signal and trailing stop(eg. UniParabolic Shift=1 and TrailingStopShift=0)
- Improved formulas for some trading signals
I think there is a need to add a spread filter in the near future. This is important for those who plan to use the Expert Advisor as a scalper.