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Parabolic SAR & Awesome Strategy

Chris Moris | Published fri Jun 16, 2017 7:27 am | 3142 Views

Strategy “Parabolic SAR & Awesome”

Instruments: USD/CHF, EUR/USD.

Timeframe: M30

Indicators:

Conditions required for placing buy transactions (Fig. 1):

Parabolic SAR is below the current price, Awesome Oscillator gives green signal and is located above 0; EMA is below the current price.

Fig. 1

Conditions required for placing sell transactions (Fig. 2):

Parabolic SAR is above the current price, Awesome Oscillator gives red and is located below 0; EMA is above the current price.

Fig. 2

Exit from transactions:

USD/CHF – Take profit: 50 points, Stop Loss: 18 points.

EUR/USD – Take profit: 60 points, Stop Loss: 20 points.

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