Forex Stock Exchange Forum
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Forex Stock Exchange Forum

Forum About Trading on Forex,Stock,Binary Options, and CryptoCurrency


Yukimura trading robot
advertisement

Cyborg Pro
advertisement

Cyborg Pro
advertisement

You are not connected. Please login or register

Forex Stock Exchange Forum » Forex and Stock Trading English Forum » Platforms,Coding/Sripts,Expert Adviser,Indikators, » Parabolic SAR Colored With Alert - VertexFX

Parabolic SAR Colored With Alert - VertexFX

Go down  Message [Page 1 of 1]

traderEd



Hello,

Parabolic SAR Colored With Alert is a Client Side VTL Alert. It is an improvement over the standard parabolic stop and reverse indicator. It colors the SAR indicator with magenta color when the trend is down and yellow when the trend is up. It triggers an alert when the trend direction changes as per the SAR indicator. The indicator can be customised with the parameters. Stop and Reverse indicator step value and maximum step value can be set up with parameters "sar Step" and "Maximum". The pop up alerts can be turned on or off with the parameter "Alerts Enabled". 

Trading strategy with the SAR indicator is to Buy when the trend reverses upward and trail the position with stop loss level same as the SAR indicator level. The long position is reversed to short position when the trend reverses down and the prosition is trailed with the SAR indicator level. This is an always in the market trading strategy.

[You must be registered and logged in to see this image.]

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum