indicator Parabolic SAR of MA mtf - is a trend indicator based on a combination of the two most popular trend indicators - Parabolic and the moving average.
The moving average changes its color depending on the trend direction, which is determined by the Parabolic. The crossing of the price and the moving average by the Parabolic SAR of MA mtf indicator is regarded as an entry point into the market.
The indicator has a function to display signals from other timeframes.
When the price direction changes, the indicator gives an audible alert and a text message.
According to ForTrader experts, the signals indicator Parabolic SAR of MA mtf against the main trend should be ignored. When trading along a trend, the indicator signals can be used to add to open positions.