Easy PSAR

The Parabolic Stop and Reverse (SAR) is a simple technical indicator created by Welles Wilder. This trend following indicator is based on the idea that a strong trend will continue to increase in strength over time, following a parabolic arc. It uses a combination of price and time components to generate buy and sell signals. The Parabolic SAR is designed to be used in trending markets, and can lead to many false signals in sideways or choppy markets. As such, we are using ADX (Average Directional Index) indicator to filter off signals generated during a ranging market.

Potential BUY signal is generated when the Parabolic SAR moves from being above price to below price.

Potential SELL signal is generated when the Parabolic SAR moves from being below price to above price.

Preferences

M15 M30 H1 H4 D1
AUDCADBUYSELL
AUDCHFBUY
AUDJPYBUY
AUDNZD
AUDSGDBUY
AUDUSDBUY
CADCHFSELLSELL
CADJPY
CADSGD
CHFJPYBUYSELL
EURAUDSELLSELLBUY
EURCADBUYBUYSELL
EURCHF
EURGBP
EURJPYBUY
EURNZD
EURSGD
EURUSD
GBPAUDSELL
GBPCAD
GBPCHFSELL
GBPJPYSELL
GBPNZDSELLBUY
GBPSGD
GBPUSDSELL
LTCUSD
NZDCAD
NZDCHF
NZDJPYBUYBUYSELL
NZDSGDSELL
NZDUSDSELL
SGDCHF
SGDJPY
USDCADBUYBUY
USDCHF
USDJPY
USDSGDBUY