Simple Parabolic SAR with Alert - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resource
Sometimes we find the Parabolic SAR indicator to be bulky, that's why I developed this indicator that presents different Parabolic SAR indicators in separate windows. I still want to add another nice feature for those who use SAR as a trailing stop. When it is added to a currency pair, it checks if there is an open position on that currency pair and immediately sends an alert when the Parabolic SAR goes opposite to that position. Isn’t it cool?
Attachment download
📎 simpleparabolic.mq4 (10.49 KB)
Source: MQL5 #28817
Simple Parabolic SAR with Alert - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Simple Parabolic SAR with Alert - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 resources are Forex 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 only on titles or short-term profit descriptions.
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •