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
AUDCHF
AUDJPY
AUDNZD
AUDSGD
AUDUSD
CADCHF
CADJPY
CADSGD
CHFJPY
EURAUD
EURCAD
EURCHF
EURGBP
EURJPY
EURNZD
EURSGD
EURUSD
GBPAUD
GBPCADBUYBUY
GBPCHF
GBPJPY
GBPNZDBUYBUY
GBPSGDBUY
GBPUSD
NZDCAD
NZDCHF
NZDJPY
NZDSGD
NZDUSD
SGDCHF
SGDJPY
USDCAD
USDCHF
USDJPY
USDSGD