Forex Parabolic SAR Channel Trend Trading Strategy
Forex Parabolic SAR Channel Trend Trading Strategy;
Parabolic Sar with Channel is trend price action strategy based on the price action channel and fast Parabolic Sar. The main feature of this trading system is that the price touch the upper and the lower lines of the channel for generates trades, then we have the oscillation of the price extreme.
Currewncy pairs: EUR/USD, USDCAD, USD/JPY, USD/CHF, EUR/GBO, EUR/CHF, AUD/USD, AUD/JPY, AUD/CAD, GBP/JPY, EUR/JPY, NZD/ARD, ERU/AUD, GBP/CAD, GBP/NZD.
Time frame 30min 60min and 240 min.
Metatrader 4 Indicators
Prabolic Sar with Arrows (0.04-0.2).
Trading rules Parabolic Sar with Channel
Channel indicator indicate on the screen the direction of the trades: long trades only.
When the price touches the lower lines of the chanel appears a creen square after go long a the signals arrows of the Parabolic Sar indicator.
It is advisable to take the signals lower than the middle line, (optional).
Channel indicator indicate on the screen the direction of the trades: short trades only.
When the price touches the higher lines of the chanel appears a red square after go short a the signals arrows of the Parabolic Sar indicator.
It is advisable to take the signals upper than the middle line, (optional).
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 Parabolic SAR Channel Trend Trading Strategy?
- Download Forex Parabolic SAR Channel Trend Trading 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 Parabolic SAR Channel Trend Trading 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”.