Strategy “Parabolic SAR & Awesome”
Instruments: USD/CHF, EUR/USD.
Timeframe: M30
Indicators:
- Parabolic SAR (0.01, 0.1);
- EMA 5;
- Awesome oscillator.
Conditions required for placing buy transactions (Fig. 1):
Parabolic SAR is below the current price, Awesome Oscillator gives green signal and is located above 0; EMA is below the current price.
Fig. 1
Conditions required for placing sell transactions (Fig. 2):
Parabolic SAR is above the current price, Awesome Oscillator gives red and is located below 0; EMA is above the current price.
Fig. 2
Exit from transactions:
USD/CHF – Take profit: 50 points, Stop Loss: 18 points.
EUR/USD – Take profit: 60 points, Stop Loss: 20 points.