High accuracy “Forex Parabolic Momentum Trading System” – The parabolic SAR indicator is graphically shown on the chart of an asset as a series of dots placed either above or below the price (depending on the asset’s momentum).
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- Use a demo account or a small live account first to practice this trading system
A small dot is placed below the price when the trend of the asset is upward, while a dot is placed above the price when the trend is downward.
As you can see from the chart below, transaction signals are generated when the position of the dots reverses direction and is placed on the opposite side of the price.
This is a Complex Forex Trading Strategy.
- Time Frame: H1 or higher
- Currency Pairs: GBPUSD, EURUSD, USDJPY, GBPJPY, AUDUSD, and USDCAD
- Parabolic
- Momentum
- Parabolic: Below the candle
- Momentum: Above the level 100 line
- Parabolic: Below the candle
- Momentum: Above the level 100 line