Super Trading System “Forex LSMA RSIOMA Parabolic SAR Trend Filter Trading System“. This is a technical trading system used to determine the price direction of an asset, as well as draw attention to when the price direction is changing.
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- Use a demo account or a small live account first to practice this trading system
- Time Frame: M30 or higher
- Currency Pairs: EURUSD, and GBPUSD
- LSMA in Color
- Parabolic SAR
- i-CrossHair
- Parabolic SAR
- RSIOMA
- Commodity Channel Index
- Download “TraderVersity.Com-LSMARSIOMAParabolicSAR” (Zip/RAR File).
- Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
- Copy the “TraderVersity.Com-LSMARSIOMAParabolicSAR.tpl” file (template) to your Metatrader Directory …/templates /
- Start or restart your Meta Trader Client.
- Select Chart and Time frame where you want to test your Forex system.
- Right-click on your trading chart and hover on “Template”.
- Move right to select “TraderVersity.Com-LSMARSIOMAParabolicSAR” trading system and strategy
- You will see “LSMA RSIOMA Parabolic SAR System” is available on your Chart
- LSMA in Color: Green line
- Parabolic SAR: Below the candles
- RSIOMA: Blue bars
- Commodity Channel Index: Upward and above the level 50
- LSMA in Color: Red color line
- Parabolic SAR: Below the candles
- RSIOMA: Red bars
- Commodity Channel Index: Downward and below the level -50
The parabolic SAR is also a method for setting stop-loss orders.
When a stock is rising, move the stop-loss to match the parabolic SAR indicator. The same concept applies to a short trade – as the price falls, so will the indicator. Move the stop-loss to match the level of the indicator after every price bar.
Excellent!