Add Bollinger Bands: setting - MA Type simple period 20 multiple 2.0
Parabolic SAR Technical Indicator was developed for analyzing the trending markets. The indicator is
constructed on the price chart. This indicator is similar to the Moving Average Technical Indicator with the
only difference that Parabolic SAR moves with higher acceleration and may change its position in terms of
the price. The indicator is below the prices on the bull market (Up Trend), when it’s bearish (Down Trend),
it is above the prices.
If the price crosses Parabolic SAR lines, the indicator turns, and its further values are situated on the other
side of the price. When such an indicator turn does take place, the maximum or the minimum price for the
previous period would serve as the starting point. When the indicator makes a turn, it gives a signal of the
trend end (correction stage or flat), or of its turn.
The Parabolic SAR is an outstanding indicator for providing exit points. Long positions should be closed
when the price sinks below the SAR line, short positions should be closed when the price rises above the
SAR line. It is often the case that the indicator serves as a trailing stop line.
If the long position is open (i.e., the price is above the SAR line), the Parabolic SAR line will go up,
regardless of what direction the prices take. The length of the SAR line movement depends on the scale of
the price movement.
1) Add indicator Macd: settings - 12-26-9
2) Add Parabolic SAR: settings -accelerate 0.020 - maximum 2.0
3) Add Bollinger Bands: setting - MA Type simple period 20 multiple 2.0
4) Add 2 Exponential moving average one is period 5 line colour green the other is period 20 line
colour red
5) Aroon: settings – Period 20
6) Zoom in on chart also to make it east to read 125% on marketiva