EMA 200 + Parabolic SAR + RSI + Take Profit Stop Loss By Nussara

The Parabolic SAR is a technical indicator developed by J. Welles Wilder to determine the direction that an asset is moving. The indicator is also referred to as a stop and reverse system, which is abbreviated as SAR . It aims to identify potential reversals in the price movement of traded assets.

EMA 200 ( Exponential Moving Average ) is important because it determines the overall trend, filters a trading system, and reacts faster than the 200 MA.

The relative strength index ( RSI ) is a technical indicator used in the analysis of financial markets. It is intended to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. RSI movement above 50 indicates that more traders are buying assets than selling, and are driving the price up. If the RSI moves below 50, it shows that more traders are selling than buying, and are driving the price down.

This indicator uses EMA 200, RSI and parabolic SARS.
The order will be entered when 3 conditions are true
1. First reverse point uptrend of Parabolic SAR
2. The price is close above EMA 200
3. RSI is over 50.

This indicator has a function to take profit and stop loss level.
Stop loss level = First reverse point uptrend of Parabolic SAR .
Take profit level = 1:1.5

This indicator is just a tool for technical analysis . It shouldn't be used as the only indication of trade because it causes you to lose your money. You should use other indicators to analyze together.