175# Multi Parabolic SAR
Parabolic SAR trading
Multiparbolic Sar Trading is a simple and clear trading system based on more parabolic Sar and a volatility filter. This trading system is also good for Binary Options high/low.
Time Frame 15 min or higher.
Expiry time for binary options high/low 4 candles.
Metatrader Indicators:
Nik PS SAR 2b (0.2 0.02);
FX Trender :
Signals for
trading
long - when the green line goes above both red lines. This is the signal to
open Buy Order.
short - when the green line goes down both red lines. This is the signal to
open Sell Order.
Flat - when the green line is located between the two red lines. It's not
recommended to open an Order.
Rules Multi Parabolic SAR
Sell
Short arrow Nik PS SAR 2b filtered by ATR Ratio above level 1.00.
Buy
Buy arrow Nik PS SAR 2b filtered by ATR Ratio above level 1.00.
Exit position for intraday trading.
Profit target 8-12 pips o when the first Parabolic SAR changes direction.
Initial stop loss below/above the first Parabolic SAR.
In the first example 5 Win, 1 loss and three signals filtered.
In the second exmaple 6 win.
To have a better chance of success with this model, apply this template currencies in trend, at the time frame of four hours or daily
Share your opinion, can help everyone to understand the forex strategy
asaens (Sunday, 10 January 2016 14:20)
In addition to ATR ratio you might use Standard Deviation @7 or 9, or whatever number you like as long as it is sensitive to volatility, and a high number (200 - 500) smoothed MA attached to Standard Deviation as 1st indicator. Be certain to widen width of MA a little and to contrast colors so Stan Dev will clearly "peek" above MA. Reason to add Stan Dev is sometimes it gives an earlier signal and sometimes ATR ratio gives an earlier signal. You can judge side-by-side which you prefer or use them both/simultaneously if you like.