MTF_PSAR - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources
The Parabolic SAR was also developed by Welles Wilder and is used in trending markets. The author of this indicator recommends first identifying the trend and only then using PSAR for trend trading. - Free download of the "MTF_PSAR" indicator for MetaTrader 4 via "Scriptor" in the MQL5 code base, April 26, 2016
Attachment download
📎 RSX_MTF.mq4 (3.38 KB)
Source: MQL5 #7349
MTF_PSAR - MetaTrader 4 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
MTF_PSAR - MetaTrader 4 script | Foreign exchange indicator download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based on titles or short-term profit descriptions.
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