Parabolic SAR TMA MT4 Indicator Download

A NON-Repaint indicator system, the Parabolic SAR TMA MT4 Indicator provides simple buy/sell indications. Scalpers and Binary traders will benefit the most from this configuration. A trend reversal method ideal for trading forex and high/low binary options is the parabolic SAR TMA strategy.

The primary characteristic of this technique is the interaction between the Parabolic SAR and the TMA Bands; operations are initiated when the price exits the bands and the Parabolic SAR changes direction. We advise using the 1 minute or 5 minute time frames while trading binary options. For a 1-minute time frame, 5 candles must be extinguished after 5 minutes, and 2-3 candles must be extinguished after 5 minutes (10–15 minutes).

You can use the Parabolic SAR indicator to provide trading signals that you can use as-is or further filter using extra chart analysis, which is advised. Although this strategy can be used by traders of all experience levels, it may be helpful to practice trading on an MT4 demo account first until you are reliable and self-assured enough to trade in real time.

You can configure the Parabolic SAR trading technique to send you signal alerts by email, platform pop-ups, or mobile notifications. This is advantageous since it allows you to monitor numerous charts at once and eliminates the need to spend the entire day staring at the charts in anticipation of signals.

Any Forex currency pair as well as other assets, including commodities, cryptocurrencies, binary options, the stock market, indices, and others, can be employed with the parabolic SAR technique. Additionally, you may use it on any time frame that works best for you, from 1-minute charts to 1-hour charts. On the M1 and M5 timeframes, it performs best.

Trading guidelines for the MT4 Indicator System

It performs admirably for scaling on the M1 and M5 timescales. But it can be used to any. We advise using the 1 minute or 5 minute time frames while trading binary options. For a 1-minute time frame, 5 candles must be extinguished after 5 minutes, and 2-3 candles must be extinguished after 5 minutes (10–15 minutes).

Buy

• Price touches or closes outside of the lower TMA band.
• Green color shifts in the Heiken Ashi Trend.
• Parabolic Sar’s blue dot.
• Open a long position when these circumstances transpired.

Sell 

• Price touches or closes outside of the upper TMA band.
• The red color of the Heiken Ashi Trend changes.
• The Parabolic Sar’s pink crimson.
• Open a short position whenever one of these circumstances occurred.

Exit

• Exit with a minimum ratio stop loss of 1:1 when the direction of the parabolic sar changes, at the levels of the TMA, or with a predetermined profit objective.
• Initial stop loss is set beneath/above the swing’s previous high/low.