466# Parabolic Indicator Trading System

Parabolic Indicator Multitimeframe trading system

Submit By Janus Trader 30/07/2013

This is a Trading system based on the parabolic MT4 indicators more a Gann indicator. This is a Trend Following trading system. Tha Parabolic SaR 4 time frames indicator MT4 is the filter for entry position.

Time Frame 15 min or higher.

Currency pairs:any,

Metatrader indicators:

Gann for Paraboloc Sar indicator (Current Time frame setting: MA Period 6, MAMethod 2);

MA Parabolic ST Indicator (Setting: Moving Average period 14, Method 3; Parabolic (0.2. 0.5) and (0.02 -0.05);

Parabolic Sar “ MTF (Current time frame 0.02-0.2)

4 Time Frame Parabolic Sar.

Long Entry conditions:

Parabolic Sar MTF acqua dot;
MA Paraboli ST > Gann for Parabolic Sar indicator;
4 Time Frame Parabolic Sar indicator with minimum 3 green bars.

Short Entry conditions:

Parabolic Sar MTF Magenta dot;
MA Paraboli ST ><Gann for Parabolic Sar indicator;
4 Time Frame Parabolic Sar indicator with minimum 3 red bars.

Exit Position options:

When Parabolic Sar MTF changes direction;

Profit Target predetermined that depends by time frame and currency pairs;

On the important support and resistance levels;

Initial Stop loss on the previous sving.

This Trading System with a good management position wins.

For example 30 min time frame (EUR/USD):

Initial stop loss on the Previous Swing and move stop loss after 18 pips in gain at antry point. Fix Profit Target 25 pips. (This trading system with this management position is also good for trading with Binary Options One Touch).

In the pictures below Parabolic Indicator Trading System in action.