SAR RSI MT5 Trading System
Info
The SAR RSI MT5 Trading System is a Expert Advisor for MetaTrader 5 that trading system rulesbuy signal:- sar on bar 1 is less than the close of bar 0. - SAR on bar 1 is less than SAR on bar 0.
Usage
This tool is typically used for automated trading on major forex pairs and gold.
Platform
This Expert Advisor works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Experts folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use SAR RSI MT5 Trading System
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
What this tool does
Trading System RulesBuy Signal:- SAR on bar 1 is less than the close of bar 0.
Typical Use Case
This Expert Advisor excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 5. Place the file in the MQL5/Experts folder and restart the terminal.
Description & Settings
Related: Tick Scalper Helper: Tick Chart and One-Click Trading Panel for MT5 - another powerful expert for MetaTrader 5 traders.
Trading System RulesAlso recommended: Basket Pair Closer: Efficiently Close Trading Positions - similar expert with strong performance on MetaTrader 5.
Buy Signal:
- SAR on bar 1 is less than the close of bar 0.
- SAR on bar 1 is less than SAR on bar 0.
- RSI on bar 0 is greater than 50.0.
Sell Signal:
- SAR on bar 1 is greater than the close of bar 0.
- SAR on bar 1 is greater than SAR on bar 0.
- RSI on bar 0 is less than 50.0.
Lot Size Calculation:
Lot size is automatically calculated based on the specified risk value, which is a percentage of the free margin.
Position Opening Conditions:
Input Parameters:
Stop Loss (in pips)
- Define the stop loss value in pips.
Take Profit (in pips)
- Define the take profit value in pips.
Trailing Stop (in pips)
- Define the trailing stop value in pips.
Trailing Step (in pips)
- Define the trailing step value in pips.
Risk Percentage per Trade
- Specify the risk per trade as a percentage of free margin.
Magic Number
- A unique identifier for the Expert Advisor.
SAR Indicator Parameters:
SAR: Price Increment Step (Acceleration Factor)
- Parameter for the SAR indicator.
SAR: Maximum Step Value
- Parameter for the SAR indicator.
RSI Indicator Parameters:
RSI: Averaging Period
- Parameter for the RSI indicator.
RSI: Price Type
- Parameter for the RSI indicator.
Example Usage (2026.06.08 - 2026.10.26):
This example demonstrates the system's performance using GBPUSD on the M30 timeframe.
You may also like: CME Equity Index Futures Holiday Calendar and Trading Halt Automation - excellent alternative for expert users on MetaTrader 5.
Source Code
#property version "1.001"
#include <trade\positioninfo.mqh>
#include <trade\trade.mqh>
#include <trade\symbolinfo.mqh>
#include <expert\money\moneyfixedmargin.mqh>
cpositioninfo m_position; // trade position object
ctrade m_trade; // trading object
csymbolinfo m_symbol; // symbol info object
cmoneyfixedmargin *m_money;
input ushort inpstoploss = 10; // stop loss (in pips).......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.