Paraboli SAR
Hi this is what most indicators are supposed to do.
You can try code base to find more.
MQL5 Code Base
- www.mql5.com
For day traders. 2 highly important indicators to turn strategies into extreme winning ones. The Win/Loss ratio and the Reward/Risk ratio will allow us to identify the best times and days our strategy works the best This is one of the important thing to consider in order to improve our strategy by calculating on average how much an asset moves...
Syed Ahmed:
Sometimes Parabolic SAR changes direction after 2 dots and a buy trend can become sell. Is there any other indictor can be used which will highlight the change in direction?
All depends on the price/market movement and period/values applied
Increase the value applied (period) to stay long in any trend that will overlook/ignore small false signals - or post the one (sar indicator) that you trying on,possibly i will post some latest extended version of it,there are so many variations and versions of it
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Sometimes Parabolic SAR changes direction after 2 dots and a buy trend can become sell. Is there any other indictor can be used which will highlight the change in direction?