Parabolic SAR & Awesome Strategy

Parabolic SAR & Awesome Strategy

21 November 2017, 15:28
Dragan Drenjanin
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Strategy “Parabolic SAR & Awesome”

Instruments: USD/CHF, EUR/USD.

Timeframe: M30

Indicators:

  • Parabolic SAR (0.01, 0.1);
  • EMA 5;
  • Awesome oscillator.

Conditions required for placing buy transactions (Fig. 1):

Parabolic SAR is below the current price, Awesome Oscillator gives green signal and is located above 0; EMA is below the current price.

Fig. 1

Conditions required for placing sell transactions (Fig. 2):

Parabolic SAR is above the current price, Awesome Oscillator gives red and is located below 0; EMA is above the current price.

Fig. 2

Exit from transactions:

USD/CHF – Take profit: 50 points, Stop Loss: 18 points.

EUR/USD – Take profit: 60 points, Stop Loss: 20 points.


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