Trading strategy development enters a new era as FxMagnetic unveils Parabolic Trader, a purpose-built indicator designed to transform how traders leverage the Parabolic SAR technical analysis tool. Released in April 2025, this specialized software empowers users to create, test, and implement automated strategies without programming expertise.
Breaking Down Barriers to Strategy Implementation
As proprietary trading firm participation continues to accelerate, traders face increasing challenges in developing compliant strategies that can perform consistently under strict risk parameters. The new Parabolic Trader indicator creates a technological bridge that allows for comprehensive strategy testing and implementation without requiring programming expertise.
“Our goal was to eliminate the technological barriers that prevent traders from properly testing their PSAR-based ideas,” notes Rimantas Petrauskas, FxMagnetic’s founder. “By creating a specialized solution focused on this widely-used indicator, we’ve delivered exceptional value through a tool that transforms hours of manual testing into a streamlined process yielding data-backed results within minutes.”
Core Capabilities for Multi-Account Traders
The Parabolic Trader delivers several essential functions particularly valuable for traders managing multiple accounts:
- Comprehensive backtesting across varied PSAR parameter combinations
- Visual strategy validation with color-coded signals directly on charts
- Time-based filtering for execution during specific market sessions only
- Automated implementation through built-in trading functionality
- Cross-account compatibility ensuring consistent strategy deployment
Advanced Risk Protection Technology
For traders working with proprietary firms like FTMO and The5ers, the indicator includes the innovative Failsafe Guard feature – a sophisticated SL/TP recovery mechanism that addresses potential broker-side execution issues.
If protective orders fail to apply when a position is opened, the system will:
- Continuously attempt to reapply the intended stop-loss and take-profit levels
- Automatically close the position if price action threatens to exceed protection parameters
This functionality is especially critical for traders operating under strict drawdown limitations, where unprotected positions could potentially compromise account status.
Strategic Session Management
The Time Filter capability enables precise control over when the strategy operates, allowing traders to align execution with optimal market conditions. By specifying exact trading windows (e.g., 08:30-13:00 and 16:00-21:00), users can focus activity during high-liquidity sessions while avoiding unpredictable market periods.
Platform Compatibility and Availability
FxMagnetic Parabolic Trader is currently available for MetaTrader 4, with a MetaTrader 5 version under active development scheduled for release later in 2025. Each license includes comprehensive educational resources and strategy implementation guides to help traders maximize the indicator’s capabilities.
The Parabolic Trader joins FxMagnetic’s growing ecosystem of specialized strategy development tools, including RSI Trader and Candlestick Labs, each designed to transform complex technical analysis into streamlined, automated trading processes.
Media Contact:
Rimantas Petrauskas
Founder
support@fxmagnetic.com
www.fxmagnetic.com
