Home Average MetaTrader 5 Indicator Parabolic SAR MetaTrader 5 Indicator | Parabolic SAR of average

MetaTrader 5 Indicator | Parabolic SAR of average

RobotFX 3.7.25 0

Theory :

Parabolic SAR is calculated using high and low prices. This indicator allows you to :
use any price (not just high and low)
use average of the price (instead of using "raw" price)

Usage :

You can use it as any "regular" SAR. Interesting results can be achieved by using same price for high and low (as in the second example - close price used for both high and low)

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