Parabolic SAR + EMA 200 + MACD Signals Indicator, a powerful tool designed to help traders identify optimal entry points in the market.
This indicator combines three popular technical indicators: Parabolic SAR (Stop and Reverse), EMA200 (Exponential Moving Average 200) and MACD (Moving Average Convergence Divergence) - to provide clear and concise buy and sell signals based on market trends.
The MACD component of this indicator calculates the difference between two exponentially smoothed moving averages, providing insight into the trend strength of the market. The Parabolic SAR component helps identify potential price reversals, while the EMA200 acts as a key level of support and resistance, providing additional confirmation of the overall trend direction.
Whether you're a seasoned trader or just starting out, the MACD-Parabolic SAR-EMA200 Indicator is a must-have tool for anyone looking to improve their trading strategy and maximize profits in today's dynamic markets.
Hello, thanks for sharing this strategy. Have you backtested it ? Whats the winrate you got ? Thank you
SKMH3115
⋅
Thank you so much for sharing. Does this apply to stocks too?
Saleh_Toodarvari
⋅
@SKMH3115, Hello my friend, yes, this indicator is based on technical indicators Parabolic SAR, MACD and 200-day EMA and can be applied to other markets as well.
Hi Saleh, can i check how do you set the alert for buy/sell? Is it crossing or entering with each other? I tried but it gives delayed signals. Thanks for your input
Saleh_Toodarvari
⋅
@eujincheah, Hello, I will set the alert on this indicator soon and the code will be updated. Signals related to the indicator are also generated from the intersection of the desired lines.
CinoxDominguez
⋅
@Saleh_Toodarvari, I just saw your comment that it's October 2023, is there an update available today?
Manan_Bansal123
⋅
How do we get buy/sell signals?
ermannettr
⋅
Hello Saleh, I don't know how to add alerts to pinescript. Can you help?
Saleh_Toodarvari
⋅
@ermannettr, Hello, soon I will put the alert on this indicator and there will be an update for the code.
Have you backtested it ?
Whats the winrate you got ?
Thank you