Forex Day Trading Parabolic Sar Strategy
Forex Day Trading Parabolic Sar Strategy:
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 forex strategy make pips and is suitable with martingale as money management.
Time frame 15 min or 30 min.
Metatrader 4 Indicators setting
Parabolic Sar (0.02 – 0.15).
Arrows and Curves (pariod 4 , ch 13).
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 forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.
For every trading strategy one needs to define assets to trade, entry/exit points and money management rules.
How to install Forex Day Trading Parabolic Sar Strategy?
- Download Forex Day Trading Parabolic Sar Strategy.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Load indicator on your chart
How to uninstall Forex Day Trading Parabolic Sar Strategy?
To shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands of “Delete Indicator” or “Delete Indicator Window”, or the chart context menu command of “Indicators List – Delete”.