FxMagnetic has officially launched Parabolic Trader, a new automated trading tool built around the Parabolic SAR indicator — specifically designed for traders working with prop firms or managing personal trading accounts.

The tool allows users to create, test, and automate strategies without any coding experience. It’s tailored for traders participating in funded challenges with firms like FTMO and The5ers, offering a simple yet powerful solution for momentum-based strategies.

Key features include:

• Time Filter: Traders can activate signals only during selected trading hours or market sessions — ideal for those who prefer to trade during high-liquidity periods.
  
  
• Failsafe Guard: A protective mechanism that ensures stop-loss and take-profit levels stay active in the event of technical issues or disconnects.
  
  
• User-Friendly Controls: Enables traders to easily toggle between long and short strategies with one click, making it perfectly suited for fast-paced prop trading environments.
  
  

According to FxMagnetic, the tool was built with a “less is more” approach — focusing on clarity, reliability, and performance for real-time use.

The launch strengthens FxMagnetic’s position in the AI-powered trading tools space, offering a solution that blends automation, security, and trader control — all of which are vital in the world of funded account challenges.

The Parabolic Trader is now available for both MetaTrader 4 and 5 platforms.