608# Day Trading with Parabolic Sar
Parabolic Sar as filter
Simple day trading strategy
Submit by Ron
Day Trading with Parabolic Sar is a simple but effective trading system for intraday based on Parabolic Sar as filter of fast arrows and curves indicator. This trading system is trend following. This strategy make pips and is suitable with martingale as money management.
Time frame 15 min or 30 min.
Currency pairs: majors.
Metatrader Indicators setting
Parabolic Sar (0.02 – 0.15).
Arrows and Curves (pariod 4 , ch 13).
Pivot poins levels.
Trading Rules Day Trading with Parabolic Sar
Buy
Arrow and Curves buy indicator above the dot of Parabolic Sar.
Initial stop loss below the dot of Parabolic Sar
Make profit options:
with predeterminated profit target;
close position when Parabolic Sar is above the price;
at the pivot points levels;
at the opposite arrow.
Sell
Arrow and Curves buy indicator brlow the dot of Parabolic Sar.
Initial stop loss below the dot of Parabolic Sar
Make profit options:
with predeterminated profit target;
close position when Parabolic Sar is below the price;
at the pivot points levels;
at the opposite arrow.
Winning Strategy
In the pictures Day Trading with Parabolic Sar in action.
Share your opinion, can help eveyone to understand the forex strategy.
Administrator (Thursday, 24 October 2019 20:07)
Thank you
NOSA AGIDIGBI (Saturday, 25 May 2019 15:02)
i love all your indicator you are the best