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Post by azharaziz on Jun 10, 2016 8:42:41 GMT 8
Hi, I like to add up one of the simplest and highly effective indicator – Parabolic SAR –
It’s as straight forward as it can get with simply the indicator having simple way to determine the trend.
1. The dots above the candle, it means there is strong indication of bearish trend
2. The dots below the candle, it means there is strong indication of bullish trend
This is one of the highly accurate and profitable indicators in history of Forex market, but we got to make sure we use higher timeframe to get better accuracy!
Good Luck!
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Post by chrisa on Jun 12, 2016 3:26:27 GMT 8
Nice. Thanks for sharing this. I will check it out for sure. I think it is really useful for a beginner.
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Post by azharaziz on Dec 7, 2016 8:09:09 GMT 8
In my view, it’s really important to use right system and right indicator is start of it. I too love using SAR, it’s one of the simplest indicators out there, but the accuracy level is definitely very high and that is one thing that makes it so much better and like able. I have been working with OctaFX broker and due to their demo contest, I can try out things nicely especially with all these indicators and it makes things working very nicely for me.
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