Scalping system #4 (5 pips with GBP/USD)

hi alex,

could you clarify? entry only when both sars appear at the same time/candle, or also if the second agreeing sar appears later, after the first sar?

there seems to be no way to put the sar on the macd in mt4, unfortunately. but maybe someone, someday, will be able to code it.

thanks!
gibson

Hi Gibson,

I don't look for simultaneous signals. If they happen to be, that's good, but if one SAR (either one) signals earlier and the second signals later, it's also a valid signal.

Happy scalping,
Alex

I can't seem to apply a SAR over the MADC without it going flat line. The parameters don't seem to adjust. Can you help? I'm using MArket Scope 2.0

1) Would you mind showing me how to place the sar indicator over macd on oanda?

2)Also does this method work in other markets?

3)Is there a reason the 5 mins is the best time frame

Thanks,

Steve

Hi Steve,

To place Sar over MACD on Oanda platform:
a) set MACD on the chart.
b) right click on MACD and choose "Add study to MACD"
c) choose SAR indicator

There were no testing conducted for other currency pairs as far as I know; however I believe that this strategy was in some way "tailored" to GBP/USD pair and 5 min trading.

Regards,
Edward

Hi, guys

I've created the simple indicator for MT4 which implements "SAR on MACD". It'll draw a histogram: when it is above zero it means that the SAR of MACD is above the MACD, and vise versa.

Here is the code:
SAR_on_MACD.doc

Hi all,

I made custom SAR on MACD for MT4 platform.

Admin, please post this file
Parabolic_SW.zip to here.

I hope it will help anyone who want to use this great strategy in MT4 platform. Thanks to Edwards and this site Admin for this great strategy.

NOTE: Just drag and drop this custom indicator from "Navigator" area in MT4.

Best Regards,
syanwar
Admin of Viking234

hi all,
how's the system using for GBP/JPY with more pips?
tks
Ele