MACD + parabolic sar trading strategy
MACD is one of the most popular and broadly used indicators for trading. The letters m.a.c.d. is abbreviation for moving average convergence divergence. The MACD indicator, which requires moving averages as its input, falls into the group of the lagging indicators. The basic function of the mac d forex indicator is to discover new trends and to help identify the end of current trends. There are various ways to gauge the signals generated by mac d, and many traders use their own unique settings and methods around this trading indicator.
Parabolic SAR
The parabolic sar is an indicator favored by technical traders that captures reversal signals.What this tool basically does is helps traders determine when the current trend will end, or when it is about to end. The way it shows you this is by placing dots that show up above or below the price candle. They appear above or below the current candle for a specific reason. If the dot is above the candle it will be a sell signal or downtrend market starting.This strategy:
• It is a very simple and easy day trading, swing trading and scalping system to use
.• You can easily spot the trade setups happening.
• In a nice trending market, you will make a lot of pips quite easily
#MACD #ParabolicSAR #Indicator
