531# Sar of MACD Scalping
Parabolic Sar with MACD
Submit by Andreas 23/06/2016
Sar of MACD Scalping is a forex strategy using two parabolic sar and MACD.
This strategy is trend following
Time frame 5 min or 15 min.
Currency pairs: EUR / USD, GBP / USD, AUD / USD, NZD / USD, USD / JPY, USD / CAD , EUR / JPY, GBP/JPY.
Sessions trading: London and New York.
Parabolic SAR (0.01, 0.1);
SMA 8 period;
MACD (5,8,9) + Parabolic SAR (0.01, 0.1);
Stochastic Oscillator (14,3,3) optional.
When parabolic SAR dots appears below the price indicates an uptrend signal.
MACD is above 0.
price is above 8SMA.
Stochastic Oversold conditions can be seen that the lines already cross at level 20.
When parabolic SAR dots appears above the price indicates an downtrend signal.
MACD is below 0.
price is below 8 SMA.
Exit position 5 min TF
Profit target 3-7 pips
Place initial a stop loss at previous swing, or max 10-15 pip stop loss.
In the pictures Sar of MACD Scalping in action.