Average Parabolic SAR - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
The Parabolic SAR is calculated using high and low prices. This indicator allows you to:
You can use it as any "regular" SAR. Interesting results can be achieved by using the same price for high and low (as in the second example - using the closing price for both high and low)
Attachment download
📎parabolic_sar_xomah.mq5 (16.57 KB)
Source: MQL5 #24813
Average Parabolic SAR - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Average Parabolic SAR - MetaTrader 5 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 only on titles or short-term profit descriptions.
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