384# Parabolic Sar with simple moving average

Parabolic Sar Scalping System

Submit by Nick 01/02/2013

 

This strategy is a trend-scalping strategy, which means it works

best in a trend. The strategy combines two trend indicators, SMA 50 and Parabolic SAR indicator with default setting (step 0.02).This is an simple Scalping System that works only pending the London Session.

Time Frame

1-minute (M1) time frame

Currency pair: major with low spread

 

Forex Indicators

 

1. Parabolic SAR indicator with default setting:

a. Step 0.02

b. Maximum 0.2

  1. Simple moving average (SMA), period 50, and apply to close.

  2. ATR Ratio

 

Long Entry

Condition:ATR ratio indicator > 1

The price to go above the SMA 50.

Wait for the Parabolic SAR to move above the market price.

Once the market price goes above the Parabolic SAR, the Parabolic

SAR will appear below the market price. This is the signal to enter for long. 

Short Entry

Condition: ATR ratio indicator > 1

The price to go below the SMA 50.

Wait for the Parabolic SAR to move above the market price.

Once the market price goes below the Parabolic SAR, the Parabolic

SAR will appear above the market price. This is the signal to enter for

short.

 

The stop loss is set at 12-15 pips below the entry price.

 The profi t target is 7 pips above or below the entry price.


Parabolic Sar with simple moving average

Parabolic Sar with simple moving average
Parabolic Sar with simple moving average
Parabolic Sar with simple moving average
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Parabolic Sar with simple moving average
Parabolic Sar with simple moving average