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12# Parabolic SAR, Awesome intra-day Trading System

Parabolic SAR and Awesome

Submit by Forexstrategiesresources

Time Frame and chart:

-30 min USD/CHF chart

- 30 min EUR/USD chart

Indicators:

- Awesome oscillator ;

- Parabolic SAR (0.01, 0.1).

- Ema 5

Long Entry

- The parabolic SAR moves to the bottom of the candle and the Awesome Oscillator is green and >0 indicating an uptrend and EMA 5 > close price.

Short Entry

- The parabolic SAR moves to the top of the candle and the Awesome Oscillator is red and <0 indicating a downtrend and EMA 5 < close price.

Stop Loss & Take Profit

USD/CHF = SL: 18 pips TP: 10

EUR/USD = SL: 20pips TP: 13

In the picture below Parabolic SAR, Awesome intra-day Trading System in action.

Share your opinion, can help everyone to understand the forex strategy.

Comments: 0

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