Parabolic SAR + EMA 200 + MACD Signals

2023年6月14日

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.

Buy conditions

• The price should be above the EMA 200
  
• Parabolic SAR should show an upward trend
  
• MACD Delta should be positive
  

ُSell conditions

• The price should be below the EMA 200
  
• Parabolic SAR should show an downward trend
  
• MACD Delta should be negative
  

2024年12月25日

版本注释

Added the alerts to the script so that the user can easily understand the signals of the indicator.