Advanced Parabolic Sar with Price Action

Advanced Parabolic Sar is a trend following strategy filtered by Price Action Support/ Resistance and Trend Line. The signals are generated by FXI Trend Finder indicator MT4. The Advanced Parabolic Sar is as an trailng stop and is the first filter of signal.

Characteristics Advanced Parabolic Sar with Price Action

Characteristics demiurg binary options strategy

Type of strategy - trend reversal

Terminal - MT4

Number of indicators - 4

Timeframe – M5, M15, M30, M60, M240, daily.

Currency pairs - any

Trading time – any

Risk management - no more than 2-5% of the deposit per transaction

Alert - yes

Winrate - an average of 56% -67 %.

Metatrader 4 Indicators setting

Best Reversal support and resistance.

Advanced Parabolic sar default setting

MT Trend line (70, 21, 2).

FXI-Trend Finder Indicator (defaul setting)

Trading rules Advanced Parabolic Sar with Price Action

Buy

Price bounce or touches on the Support Zone.

Parabolic Sar Advanced has formed blue dot below the candle.

Buy Arrow of Trend Finder below

Trend line price action below the candles pointing upward.

Sell

Price bounce or touches on the Resistance Zone.

Parabolic Sar Advanced has formed red dot above the candle.

Sell Arrow of Trend Finder above the candle.

Trend line price action indicator above the candles pointing downward.

Exit Position options

Fast Scalping dependes by currency pairs and time

3-7 pips 5 min time frame

4-10 pips 15 min time frame

5-12 pips 30 min

6-14 pips 60 min.

7-18 pips 240 time frame.

Stop loss

Stop loss above/below dot of the Parabolic Sar.

Other option for exit position:

To follow the position with parabolic Sar but to fix also an predetermined profit target with ratio 1:1.15 initial stop loss.

In the pictures FXI Trend Finder Scalping Scalping in action.

Download Advanced Parabolic Sar with Price Action.