High accuracy “Forex Parabolic SAR Trading with CCI Awesome Oscillator Filter” – This system is simple, easy, & profitable. The system is suited for the Daily System, but it can also be used on H4, and on any currency pair.
Trading NOTES
- DOWNLOAD these NON-REPAINT Tools For Making The Perfect Trade Entry (the best trading tools all traders MUST HAVE)
- Use a demo account or a small live account first to practice this trading system
- Time Frame: H4 and Daily
- Currency Pairs: Any
MetaTrader Trading Indicators
- Parabolic SAR
- ASHFX
- BBands Stop Alert
- Awesome Oscillator
- Commodity Channel Index
How to install “Parabolic SAR Trading System“
- Download “TraderVersity.Com-ParabolicSARSystem” (Zip/RAR File).
- Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
- Copy the “TraderVersity.Com-ParabolicSARSystem.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-ParabolicSARSystem” trading system and strategy
- You will see “Parabolic SAR Trading System” is available on your Chart
BUY Rules
- Parabolic SAR: Below the candle
- BBands Stop Alert line: Lime color
- Awesome Oscillator: Green histogram and above level 0
- Commodity Channel Index line: Upward and above level 50
SELL Rules
- Parabolic SAR: Above the candle
- BBands Stop Alert line: Orange color
- Awesome Oscillator: Red histogram and below level 0
- Commodity Channel Index line: Downward and below level -50
Trading NOTES
- Initial Stop Loss is at the swing high for short trades, and swing low for long trades.
- If the day, or any consequent day, has closed in your direction (i.e. you’re in profit at the end of any given day), then close half your position & move SL to break even. Close the other half once either the AO or PSAR turns the opposite color/direction. Only exit at the candle close.