632# Kirshenbaum bands with Sar Stochastic trading system
Sar Stochastic indicator
Submit by MJ 07/04/2015
Kirshenbaum bands with Sar Stochastic trading system is a trend momentum strategy based on bands (as filter) stochastic and parabolic Sar.
Time Frame 15 min or higher.
Markets: Currency pairs, Indicies and Commodities.
- Stochastic oscillator (5,3,3),
- Parabolic Sar (0,03,-0,02);
Kirshenbaum bands ( filter buy above upper bands sell below lower band)
Trading rules Kirshenbaum bands with Sar Stochastic trading system
Arrow buy Sar Stochastic above the upper band of Kirshenbaum bands.
Arrow Sell of the Sar Stochastic below thelower band of Kirshenbaum bands.
Tips= For the best entry trades only in the direction of the trend.
Exit at the opposite arrow or at the important levels of support or resistance.
First, you should have already downloaded the rar file containing all
the installation files, Unzip it into your computer. Inside thatrar file, there's this file: Sar Stochastic and Kirshenbaum bands
Open your MT 4 trading platform
Click File --> Open Data Folder
Once you have that data folder open, locate the MQL4 folder inside it.
Then open that MQL4 folder. Inside that MQL4 folder, you will see the Indicators folder , this is where you need to copy the Kirshenbaum bands with Sar Stochastic indicators .
To insert the indicator to your chart, click Insert --> Indicators -->
Custom, then choose kirshenbaum bands and after Sar Stochastic.
In the pictures the kirshenbaum bands with Sar Stochastic trading system in action.