ASAR Trading Indicator: Advanced Parabolic
ASAR Trade Indicator - this is an advanced modification of the Parabolic trend indicator for the trading terminal MetaTrader 5.
As you know, the Parabolic draws lines on the chart, consisting of points, which allow you to determine the direction of the current trend. In addition, the crossing of the price and the indicator line signals a change in the trend.
The ASAR trading indicator is an improved version of the standard Parabolic and has advanced settings:
- Price mode - price selection mode (Defined - price selected from the list, High/Low - prices High/Low)
- Applied price - list of prices for Defined mode
- Start - initial value of the acceleration factor increment step
- Step - incremental step of the acceleration factor
- Max - the maximum value of the acceleration factor
- Filter - noise filter
- Min change - the size of the minimum price change
ASAR Trade Indicator for MT5 is more effective than the standard indicator, so its use will significantly increase the accuracy and profitability of trading signals.