Parabolic SAR (MTF)

2020년 10월 11일

This is a multi-timeframe Parabolic SAR indicator which uses 1 and 4 hour charts.

Using this indicator is simple, if the LifeTime line is green then buy, if red then sell OR don't trade. So...

Green Line - This strategy is in a buy position
Red Line - This strategy is in a sell position
Any other colour - DON'T TRADE

The traders approach is simple, when all indicators are green or red, then take the trade. As soon as one indicator changes, then re-evaluate using your normal process, such as price action, to determine whether to close the trade or continue.

If you require any further information or script modifications, please message me.

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