Watch how to download trading robots for free
Find us on Telegram!
Join our fan page
Join our fan page
You liked the script? Try it in the MetaTrader 5 terminal
Parabolic SAR of average - indicator for MetaTrader 5
- Views:
- 13143
- Rating:
- Published:
- 2019.02.26 15:11
- Need a robot or indicator based on this code? Order it on Freelance Go to Freelance
Theory :
Parabolic SAR is calculated using high and low prices. This indicator allows you to :
- use any price (not just high and low)
- use average of the price (instead of using "raw" price)
Usage :
You can use it as any "regular" SAR. Interesting results can be achieved by using same price for high and low (as in the second example - close price used for both high and low)
3DMa
Buffer-free indicator implemented on iCanvas
Intra-day Keltner channel extendedIntra-day Keltner channel extended