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KT Psar Arrows

KT Psar Arrows plots the arrows on chart using the standard Parabolic SAR indicator. A bullish arrow is plotted when the candle's high touch the SAR. A bearish arrow is plotted when the candle's low touch the SAR. The signals are generated in the real-time without waiting for the bar close. 


Features

  • A beneficial tool for traders who want to experiment with the trading strategies that include the use of Parabolic Sar indicator. 
  • Can be used to find turning points in the market.
  • Use custom PSAR inputs.
  • All MT4 alerts are available.

A Word of Caution: The Parabolic SAR is a lagging and strict mechanical indicator. Every potential trade should be filtered by well-defined rules.  

 

Input Parameters

  • PSAR Step: Insert the step value.
  • PSAR Maximum: Insert the maximum value.
  • Show PSAR Dots: Show/hide the PSAR dots. Arrows will work normally without the PSAR dots.
  • Rest of the inputs are self-explanatory.


EA Developers

//----- define variables
double buy_signal, sell_signal;

buy_signal = iCustom(Symbol(),0,"Market/KT PSAR Arrows",0,1);
sell_signal = iCustom(Symbol(),0,"Market/KT PSAR Arrows",1,1);
 
//----- For new entries
if(buy_signal!=0) // Open Buy Trade
If(sell_signal!=0) // Open Sell Trade
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Indicadores
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Indicadores
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