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
AUDCADBUY
AUDCHFBUY
AUDJPY
AUDNZD
AUDSGDBUY
AUDUSDBUY
CADCHF
CADJPYBUYBUY
CADSGD
CHFJPYBUY
EURAUD
EURCAD
EURCHF
EURGBP
EURJPY
EURNZD
EURSGD
EURUSD
GBPAUDSELL
GBPCAD
GBPCHF
GBPJPY
GBPNZDSELL
GBPSGD
GBPUSD
LTCUSD
NZDCADBUY
NZDCHF
NZDJPY
NZDSGDBUY
NZDUSDBUY
SGDCHF
SGDJPY
USDCADSELLSELLSELL
USDCHFSELL
USDJPYSELL
USDSGDSELL