41.Parabolic SAR with ADX Filter

Parabolic SAR with ADX Filter



is based upon signals from the Parabolic SAR and confirms entries with the ADX index. The Parabolic SAR, which signals changes in market trends, is used to determine points of entry when it changes from bellow to above the price and vice versa. Whenever the Parabolic SAR changes from bellow to above the price it signals to short if ADX filter confirms that we are in a trend which is defined as ADX>25. And whenever the Parabolic SAR changes from above to bellow price it signals to long if ADX filter confirms that we are in a trend which is defined as ADX>25. There are adjustable stops and limits that you may set to control your exits.