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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

Channel Indicator

Ifx Strategy

Prabolic Sar with Arrows (0.04-0.2).

 

Trading rules Parabolic Sar with Channel

Buy

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).

 

Sell

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.

Parabolic Sar with Channel
Parabolic Sar with Channel
Parabolic Sar with Channel
Parabolic Sar with Channel
Parabolic Sar with Channel
Parabolic Sar with Channel

Share your opinion, can help everyone to understand the forex strategy.

Comments: 2
  • #2

    Matt (Tuesday, 23 October 2018 11:36)

    Looks interesting. Does anyone know the actual name of the channel indicator? Would love to find the .mq4 file so I can edit the code slightly.

  • #1

    Luiz Schiavi (Saturday, 20 October 2018 02:01)

    Hi,

    Is missing tbe Channel Indicator in the zip.

Parabolic Sar with Channel
Parabolic Sar with Channel template and indicators download
771# Parabolic Sar with Channel.rar
compressed file archive 81.9 KB
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