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th3web

Parabolic Dany

th3web  
Exponential Moving Average (EMA) Relative Strength Index (RSI) Parabolic Stop and Reverse (PSAR) trendfollowing
60
12
ema relativestrengthindex parabolicsar trendfollowing
This script is based on a strategy that includes the following indicators:
  • EMA at 100 periods;
  • RSI at 14 periods;
  • Parabolic SAR;

For the signals to occur the requirements are:
  • The price must cut the exponential moving average to 100 periods and close over;
  • The next spark plug must be of the same direction as the one that cut the moving average;
  • You must break the support or resistance generated by a swing within 20 previous spark plugs;
  • The Parabolic SAR must be in favor of operation;

The strategy is that you enter the market at the opening of the candle after the signal with a STOP LOSS of 25 pips and a Risk / Yield of 1 or 1.5 and maybe follow the Trailing Stop operation.

Good trading at all.
Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact th3web for more information, or follow the author's instructions below.

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