Parabolic Sar Arrows Alert Indicator
Platform: MT4 Type: Trend Last update: September 25, 2024The Parabolic Sar Arrows Alert Indicator provides an arrow alert whenever a Parabolic Sar dot switches its place. An uptrend is considered when the Parabolic SAR dots are aligned below candles. Similarly, a downtrend takes place when the Parabolic SAR dots are aligned above candles. The indicator always plots an arrow accordingly.
Example trade with the Parabolic Sar Arrows Alert Indicator
Below is the screenshot of an example trade with the Parabolic Sar Arrows Alert Indicator.
As you can see, the dots of the Parabolic SAR switched placed from upward to downward movement. The Parabolic Sar Arrows Alert Indicator did his job and placed a sell arrow to trigger a potential trade, and then the price has, in fact, fallen.
