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Indicators

Nik_PSAR_2B - indicator for MetaTrader 4

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Views:
26073
Rating:
votes: 17
Published:
2010.08.10 08:22
Updated:
2014.04.21 14:54

Description:

You can choose Parabolic SAR for 4 TimeFrames (TF4 = true) or for 3 TimeFrames (TF4 = false and TF3 = true) or for 2 TimeFrames (TF4 = false and TF3 = false andTF2 = true) or for only 1 current TimeFrame (TF4 = false and TF3 = false and TF2 = false).

Green arrow will show the beginning of Up trend and Red arrow will show the beginning of Down trend.

Image:

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earlyBird1 earlyBird1

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The Cyclops follows the Cycleidentifier indicator, plus SMA and RSI for filter. It is taking a trade when the indi shows a bold two spike. The filter is suppose to confirm with that but the repaint of the spike seems to make this a Martingale effort.