The main feature of this “MTF Parabolic SAR Trading System” is to have a good profitability to be trend following and be based on the Multi Time Frames Parabolic SAR indicator.
Parabolic SAR should only be employed in trending markets – when it provides useful entry and exit points. And this “MTF Parabolic SAR Trading System” is your best Parabolic SAR system.
- Time Frames: M30 or higher
- Currency Pairs: GBPUSD, EURUSD, and all major pairs
MetaTrader Trading Indicators
- Advanced Parabolic Sar
- Signal Trend
- Adaptive Parabolic HISTO
- CCI
BUY Rules
- Advanced Parabolic SAR green color
- Adaptive Parabolic HISTO green color
- CCI line upward and above 50 level
SELL Rules
- Advanced Parabolic SAR red color
- Adaptive Parabolic HISTO Red color
- CCI line downward and below -50 level
EXIT Rules
- Exit position is discretionary or…
- Place an initial stop loss 3 pips below/above the Parabolic SAR “dots” of entry bar with Risk Reward Ratio 1:2 or 1:3.
- Speculative “MARTINGALE” Money Management:
- This system has a good distribution of profitability, this feature allows a speculative management of lots: 0:01 0:02 – 0:03 0:04 – 0.05 – 0.06 -0.07 …… or with martingale with multiplier 1.3 ( 0.01, 0.02, 0.03, 0.05, 0.08, 0.13, 0.20, 0.28, 0.36).