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
AUDCADSELLBUY
AUDCHF
AUDJPYSELL
AUDNZDBUY
AUDSGDBUY
AUDUSD
CADCHFBUYSELL
CADJPYBUYSELL
CADSGDBUYSELL
CHFJPY
EURAUDBUY
EURCADBUY
EURCHFBUY
EURGBPSELL
EURJPY
EURNZD
EURSGD
EURUSDBUY
GBPAUDBUYBUY
GBPCADBUY
GBPCHFBUY
GBPJPY
GBPNZDBUY
GBPSGDBUY
GBPUSDBUY
LTCUSD
NZDCADSELL
NZDCHFSELL
NZDJPYSELL
NZDSGDSELLBUY
NZDUSD
SGDCHFSELL
SGDJPYSELL
USDCADSELL
USDCHFSELL
USDJPY
USDSGD