Parabolic Sar Indicator
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Parabolic Sar Trend Scalper is a forex scalping strategy based on the parabolic sar indicator, Ema indicator and MACD indicator.
Time frame:5min;
Pair:EUR/USD, GBP/USD,AUD/USD
Spread:max 0.002.5
1 Parabolic Sar indicator colored(0.01-0.01);
3 100 EMA.
Long Entry:
When the price is above the EMA 100, and PSar dot is up and MACD>0.
Short Entry:
When the price is above the EMA 100, and PSar dot is down MACD<0.
Take Profit: Price objective 7-12 pips or better.
In the pictures below an example of the Parabolic Sar Trend Scalper Forex System in action.
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