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Parabolic SAR Deviation BigBeluga MT4

30 USD

Demo downloaded: 3

Published: 20 March 2025

Current version: 1.0

Parabolic SAR Deviation BigBeluga MT4

Indicators
Aleksei Beliakov
Aleksei Beliakov
Freelance

Russia

58414
4.9 (886)
- https://www.mql5.com/en/job/new?prefered=goverkms
Hello my friend. let me perform this job for you.
My Portfolio is https://www.mql5.com/en/users/goverkms/feedbacks
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2 products 1 code 7 topics 411 comments
Version: 1.0
Activations: 5

Parabolic SAR + Deviation [BigBeluga] is an enhanced Parabolic SAR indicator designed to detect trends while incorporating deviation levels and trend change markers for added depth in analyzing price movements.

🔵Key Features:

> Parabolic SAR with Optimized Settings:

Built on the classic Parabolic SAR, this version uses predefined default settings to enhance its ability to detect and confirm trends.
Clear trend direction is indicated by smooth trend lines, allowing traders to easily visualize market movement

Trend Change Markers:

When a trend change occurs based on the SAR, the indicator plots "price value of the trend change" at the trend change point.

> Deviation Levels:

Four deviation levels are automatically plotted when a trend change occurs (up or down).
Uptrend: Deviation levels are positioned above the entry point.
Downtrend: Deviation levels are positioned below the entry point.
Levels are labeled with numbers 1 to 4, representing increasing degrees of deviation.

> Dynamic Level Updates:

When the price crosses a deviation level, the level becomes dashed and its label changes to display the volume at the breakout point.
This volume information helps traders assess the strength of the breakout and the potential for trend continuation or reversal.
High volume at a breakout may indicate strong momentum, while low volume could signal potential exhaustion or a false breakout.

🔵Usage:

Identify Trends: Use the trend change triangles and smooth SAR trend lines to confirm whether the market is trending up or down.
Analyze Deviation Levels: Monitor deviation levels **1–4** to identify potential breakout points and assess the degree of price deviation from the entry point.
Observe Trend Change Points: Utilize the triangles and price labels to quickly spot significant trend changes.
Volume Insights: Evaluate the volume displayed at crossed levels to determine the strength of the breakout and assess the likelihood of trend continuation or reversal.
Risk Management: Use deviation levels as potential stop-loss or take-profit zones, depending on the strength of the trend and volume conditions.

Parabolic SAR + Deviation [BigBeluga] is an essential tool for traders seeking a straightforward yet powerful method to identify trends, analyze price deviations, and gain insights into volume dynamics at critical breakout and trend change levels.

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Screenshot #1 Parabolic SAR Deviation BigBeluga MT4

Screenshot #2 Parabolic SAR Deviation BigBeluga MT4

Screenshot #3 Parabolic SAR Deviation BigBeluga MT4

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Parabolic SAR Deviation BigBeluga MT4

Aleksei Beliakov