ZigZagOnParabolic is a classic zigzag indicator changed to use Parabolic SAR as the basis for its peaks and troughs.
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Updated
Apr 11, 2022 - MQL5
ZigZagOnParabolic is a classic zigzag indicator changed to use Parabolic SAR as the basis for its peaks and troughs.
PSAR Trailing Stop is a trailing stop expert advisor for MetaTrader that uses standard Parabolic SAR indicator to get its next stop-loss value.
The aim of this study was develop an expert adviser based on parabolic SAR indicator. However, it is necessary to find a trend tracer to combine with this indicator. It was tested diferent moving averages with different periods as trend tracers. Data of different tests are shown and discussed.
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