Pro Parabolic SAR is a modification of the standard popular trend indicator for MetaTrader 4 called Parabolic SAR. In contrast to the classical parabolic the Pro Parabolic SAR indicator is displayed at the bottom of the chart vertical lines whose color depends on the direction of the trend.
Characteristics of Pro Parabolic SAR
- Platform: Metatrader4
- Currency pairs: Any currency pairs (recommended Major)
- Trading Time: European session and start of American session
- Timeframe: Any (recommended M15 for European session)
- Recommended broker: Alpari
When the direction of the price Pro Parabolic SAR indicator displays an arrow on the chart corresponding to the color and direction, as well as displays a window with a text message:
More details can be seen in the video:
Pro Parabolic SAR, compared with the standard parabolic, has extended functionality and accuracy, that allows to increase the effectiveness of trading strategies that use this trend indicator. However, should not to use this indicator alone because it requires additional of filtration signals.
In the archive Pro_Parabolic_SAR.rar:
- Pro Parabolic SAR.ex4
- Pro Parabolic SAR.mq4
- Pro Parabolic SAR template.tpl
Free Download Pro Parabolic SAR