Radar Signal EA (revB6)
Trend-following breakout EA, M30/H1 majors · Free shared · MT4
About Radar Signal EA (revB6)
Radar Signal EA (revB6) is the automated version of the Radar Signal trading system published on ForexStrategiesResources (system #537, submitted by Leon in February 2014; the EA_Radar Signal(revB6).ex4 file was added as an update on 23 February 2020). The underlying system is a trend-following breakout strategy: the Radar Signal indicator issues pending buy/sell orders, confirmed by a stochastic histogram (14,3,3) filter and the daily open line, on M30 or H1 charts across majors (EURUSD, GBPUSD, AUDUSD, USDCHF, GBPJPY, EURJPY), gold, silver and indices. Documented exit rules use the indicator's profit target with an initial 30-40 pip stop loss.
Honest caveat: this is a free community-shared strategy file, not a commercial product — there is no vendor support and no independently verified live track record. The download is shared as-is; backtest it on your own broker data and run it on demo before any live use.
- Platform: MetaTrader 4
- Price: Free (community share)
- Source: forexstrategiesresources.com · Radar Signal Trading System #537