ADX and PSAR FX Strategy

[amatorator]

I hnow that there is no holy grail of indicators but being able to find a good one poses a challenge to me. Is there someone using the PSAR and ADX indicators (confirmed by PA and S&R) that works for them during scalping and/or day trading? What tips can you provide that can give better chances of winning trades?

 

[alvarogj]

Is it an EA or an indicator? I would like to know if anyone has tested it and which results did you obtain. Thanks in advance.

 

[Irina]

we are waiting for the results, who used this indicator, thanks in advance!

 

[mcnomber]

Is it an EA or an indicator? I would like to know if anyone has tested it and which results did you obtain. Thanks in advance.

 

[forexforumWON]

I hnow that there is no holy grail of indicators but being able to find a good one poses a challenge to me. Is there someone using the PSAR and ADX indicators (confirmed by PA and S&R) that works for them during scalping and/or day trading? What tips can you provide that can give better chances of winning trades?

I think you need to define the entry and exit conditions. not sure if PSAR and ADX can be used to confirm?

 

[MZTrader]

Is it an EA or an indicator? I would like to know if anyone has tested it and which results did you obtain. Thanks in advance.

ADX (Average Directional Movement Index) and PSAR (Parabolic SAR) are standard Trend Indicators on MT4 and MT5

 

[MZTrader]

I think you need to define the entry and exit conditions. not sure if PSAR and ADX can be used to confirm?

Yes you are right

On picture

No1 Should be entry point. SL should be above PSAR
No3 Could close trades or part of it as Red line is still above green and White still above 25
No2 Cross of Red and Green indicate closure of all trades

 

[MZTrader]

I saw somebody else also using this 2 indicators !

ADX / PSAR Strategy Trend indicator on any time frame - Top Forex Forum | Get Forex Trading Strategies & Feeds | Forex Forum

Invite to try this system/strategy Trend indicators PSAR standard settings ADX Strategy following settings with levels 20 and 25 Colouring on black background Style : White +DL : Green/ Lime - DL : Red ADX White must break above Level 25 for any trade to be taken Buy trade...

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