Parabolic Sar And Moving Average Strategy
In this article, im going to teach you on how to use parabolic sar effectively. This parabolic sar and moving average settings are suitable for the intraday trader.
This forex trading strategy use the combination of Parabolic SAR and Moving averages.
This forex trading strategy also suitable for you if you want to trade using your handphone.
Practice make perfect. Be patient and stick with the method of trading.
Parabolic Sar Time Frame : Hourly Chart
Settings on the Moving average.
-period : 5(blue) EMA5
-period : 12(green) EMA12
-shift : 0
-method : Exponential
-Apply to: Close
Parabolic SAR Settings
Entry Setup SELL
Entry Setup Buy
-buy when moving average ema5 and ema12 are crosing each other.
-confluence with the parabolic SAR at the bottom of the candlestick.
-exit when the parabolic SAR appear at the top of the candlestick.
Target Profit : 20/40/50 pip
Stop Loss : 40/50 pip
See the trading strategy tutorial on video below.
Parabolic SAR and Moving Averages forex stratergy recommended to be used on the hourly chart. Please make sure the candle are closed before execute an order.
Feels Free To Download This Divergence Trading Strategy to determine where is the market reversal. Find the confluence on the setup before you make the decision.
Good Luck!!Happy Forex Trading.
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