771# Parabolic Sar with Channel
Price action with Parabolic Sar
Trend price action strategy
Submit by Andrey
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 the pictures Parabolic Sar with Channel in action.
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