24# Parabolic Sar Trend Scalper Trading System

Parabolic Sar Indicator

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Parabolic Sar Trend Scalper  is a forex scalping strategy based on the parabolic sar indicator, Ema indicator and MACD indicator.

Time frame:5min;

Pair:EUR/USD, GBP/USD,AUD/USD

Spread:max 0.002.5

Indicators:

1 Parabolic Sar indicator colored(0.01-0.01);

MCAD colored (64, 128, 9);

3 100 EMA.

 

Long Entry:

When the price is above the EMA 100, and PSar dot is up and MACD>0.

 

Short Entry:

When the price is above the EMA 100, and PSar dot is down MACD<0.

 

Stop Loss:place stop loss 3 pips below o above the first PSar dot.

Take Profit: Price objective 7-12 pips or better.

 


 

In the pictures below an example of the Parabolic Sar Trend Scalper Forex System in action.

MACD colored_.rar
compressed file archive 7.3 KB
Metatrader Temple MT4 parabolic
Parabolic Sar Trend Scalper is a forex scalping strategy based on the parabolic sar indicator, Ema indicator and MACD indicator.
Temple MT4 parabolic trend scalper.rar
compressed file archive 1.5 KB

 

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Comments: 2
  • #1

    Roger (Wednesday, 26 March 2014 02:13)

    This trading system looks great, but I'm still a little confused with entry points. I understand only buy trades when the price is above the 100 EMA and only sell trades when price is below 100 EMA.
    But have the following questions about entry points..
    1/ Do I place a trade only when MacD crosses 0 confirmed by PSAR?
    or
    2/ Do I place a trade if MacD has Already moved beyond 0 and I get a new PSAR signal?
    or
    3/ Do I place a trade if MacD is already well beyond 0 and colour of MacD changes colour in direction of PSAR?
    or
    All of the above?
    Also do you have the pabolic sar indicator showing the 2 colours as per your pictures.
    Thanking in advance for this system and assistance.

  • #2

    din (Tuesday, 13 January 2015 11:00)

    Looks great. Also same question as above. No reply?