C-Parabolic Sar Indicator for MT5

The C-Parabolic Sar Indicator is an variation of the standard Parabolic Sar indicator. The difference between these two gauges is in the color of dots. In the case of the C-Parabolic Sar indicator, the dots are getting brighter along with ongoing price movement. As a general rule, when the dots get bright, you can expect the movement to end.

Example trade with the C-Parabolic Sar Indicator

Below is the screenshot of an example trade with the C-Parabolic Sar Indicator.

C-Parabolic Sar Indicator Example Trade

We used the C-Parabolic Sar indicator in conjunction with the 200-period EMA to define the overall trend. As you can see on the chart above, the dots below trade triggering candles were dark. The price made pretty decent upward movement, and dots got almost white at the end of that spike.


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