The best & high accuracy Parabolic SAR trading system – Parabolic SAR is a trend following indicator and designed to confirm or reject trend direction, to determine trend end, correction or flat stages as well as to indicate possible exit points.
The underlying principle of the indicator can be described as “stop and reverse” (SAR).
Despite being a popular tool of analysis, it has limitations and may give false signals in frequently changing market conditions.
- Time Frame: H4 or higher
- Currency Pairs: Any
MetaTrader Trading indicators
- Parabolic
- Momentum
BUY Rules
- Parabolic: The Green and Lime indicators plotted below the price
- Momentum: Upward and above the level 100
- Price Action Signal: BUY Signal
SELL Rules
- Parabolic: The Green and Lime indicators plotted above the price
- Momentum: Downward and below the level 100
- Price Action Signal: SELL Signal
Trading Notes
- You can’t win without an edge.
- Don’t ever trade without a price action confirmation signal.
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