FREE FOREX STRATEGIES

#13 SuperSar Strategy


Submitted by Mennzz

Indicators/Settings:

-SUPERTREND (8, 1.5)
-SAR (0.2.0.2)

WHEN TO ENTER A TRADE:

Enter: a BUY trade when SUPERTREND is in a bullish trend(line is green), and SAR gives a BUY signal. (Don't enter a SELL trade if SUPERTREND is bullish and SAR gives a SELL signal.


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Hi. I have downloaded and added the EA but i only see the blue and red lines. My chart didn't show the dots in the chart. Anyone got the same problem?

The arrows were added by hand to illustrate entries/exits on the screenshot, an EA doesn't draw arrows.

Kind regards,
Edward

Good indicator. Any SL & TP suggestions. Thanks.

You only need the SAR (0.2, 0.2). Take the trade if the signal is in the same direction as the one in the higher timeframe. Stop Loss last swing high/low, Take Profit same as risk or 1:1,5.


 

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