“Parabolic
SAR + 200 EMA + MACD signals ” is an advanced trading tool
developed by Saleh Toodarvari for use on the TradingView platform.
This complex indicator, known as Parabolic SAR + 200 EMA + MACD
signals, is designed to assist traders in identifying optimal entry
points in the market.
Combining
three widely-used technical indicators – Parabolic SAR, EMA200, and
MACD – this indicator offers clear and concise buy and sell signals
based on market trends.
The
MACD component calculates the difference between two smoothed moving
averages, providing insight into the strength of the market trend.
Meanwhile, the Parabolic SAR helps pinpoint potential price
reversals, and the EMA200 acts as a critical level of support and
resistance, adding further confirmation to the overall trend
direction.
Whether
you’re a seasoned trader or new to the game, the MACD-Parabolic
SAR-EMA200 Indicator is an essential tool for enhancing your trading
strategy and maximizing profits in today’s dynamic markets.
Key
Setup Strategy:
–
Time Frame: Recommended 3 minutes or higher, with the best time
frames being H1 or higher.
–
Currency Pairs: Suitable for any currency pairs, with volatile pairs
being particularly well-suited.
–
TradingView Indicators:
Utilizes Parabolic SAR + 200 EMA + MACD signals and Momentum Ghost
Machine with default settings.
Buy
Conditions:
–
Price should be above the EMA 200.
–
Parabolic SAR should indicate an upward trend.
–
MACD Delta should be positive.
–
Optional: Momentum Ghost Machine > 0.
Sell
Conditions:
–
Price should be below the EMA 200.
–
Parabolic SAR should indicate a downward trend.
–
MACD Delta should be negative.
–
Optional: Momentum Ghost Machine < 0.
Exit
Position:
–
Set initial stop loss at the previous swing high/low.
–
Profit target ratio: Stop loss ratio between 1:1 to 1:1.3.
The
clarity and simplicity of this indicator make it a highly profitable
tool, ranking among the best on TradingView.
