16# Channel Moving Average and Parabolic Sar Trading System
Trading with channel and Parabolic SAR
THE CHART SETUP:
1. Simple Moving Average SMA (32) (applied to high) and a simple moving average SMA (32) (applied to Low) - form a channel on the chart moving averages.
2. Trend indicator Parabolic SAR (step 0.02, maximum 0.2)
Two simple moving average SMA (100) and SMA (200), applied to a Close - Additional indicators (recommended for use, but not required)
4 Time frame 15,30, 60, Minutes.
5 Pairs: all
Long Entry Position:
Short Entry position:
rice must close belowe the average SMA (32) Low- below the moving average formed channel.
Price is above the moving average 100/200 SMA - recommended operating conditions, but not mandatory.
Closing price of the bar should be lower than the opening price of the bar
for buy immediately after the transaction is placed under the closest fractal (local minimum) below the average SMA (32) Low -
for sell. Or above the nearest of a fractal (local maximum) above the average SMA (1932) High -
Take profit:1)10 pips time frame 15 minutes, 13 pips time frame 30 minutes, 18 pips 60 minutes(recommended); 2) we move every time after the appearance of a new point indicator Parabolic SAR. This you can do at the opening of each new candle or use for thistrailing stop, which will make it for you automatically.3)when the price returns within the channel.
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MT4 Templete ema channel and parabolic S
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