Parabolic SAR when it is combined with the right entry point can be a good strategy for forex trading. This video explains how to use PSAR in hybrid with the right entry point as well as average true range indicator (ATR). We have created expert advisor for this strategy and it is proven that the strategy can build up our capital 6 times in the period of 1 month. Note that Back-test need to be performed at the period of D1 for the maximum profit. Expert advisor for this strategy can be downloaded from the link below:

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Keywords: PSAR, expert advisor (EA), average true range (ATR), forex trading, entry setup, candlestick confirmation.

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