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
AUDCAD
AUDCHFSELL
AUDHKD
AUDJPY
AUDNZD
AUDSGD
AUDUSD
CADCHF
CADHKD
CADJPY
CADSGD
CHFHKD
CHFJPY
CHFZARBUYSELL
EURAUDBUYBUY
EURCAD
EURCHF
EURGBP
EURHKD
EURJPY
EURNOK
EURNZDBUY
EURSEK
EURSGD
EURTRY
EURUSD
GBPAUD
GBPCAD
GBPCHF
GBPJPY
GBPNZD
GBPSGD
GBPUSD
LTCUSD
NZDCAD
NZDCHFSELL
NZDJPY
NZDSGD
NZDUSDSELL
SGDCHF
SGDJPY
TRYJPY
USDCAD
USDCHF
USDJPYBUY
USDMXN
USDNOK
USDSEKSELL
USDSGDSELL
USDTHB
USDTRY
USDZARBUYSELL