SAR TRADER (Support and resistance trader) is a classic supply and demand trading system designed for EURUSD. The EA sells at zones with bearish pressure and buys at zones with bullish pressure.
What makes SAR TRADER EA so efficient is its advanced entry and trade management engines, let's have a closer look at these components.
Self adapting grid control:
SAR TRADER EA scales into positions to get the best average entry price on each trade setup, and we will talk in great detail about the advantages as well as the disadvantages related to this system in the Money Management section a bit further down this article.
When scaling into positions, the questions is what distance is the optimal distance between each additional order? This depends on the market dynamics, which are constantly changing from hour to hour, day to day, week to week and so on.
SAR TRADER EA is constantly measuring the market dynamics of the currency pairs it is trading and by doing so it is able to calculate what the optimal distance in pips will be for each trade setup. In other words, the EA adjusts its trade engine to the current market conditions and either increases or decreases the distance between each additional order. This is such a powerful feature and one of the key designs that give SAR TRADER EA its incredible edge.
