This Parabolic SAR(PSAR) indicator cannot to wearing alone, and how to read psar? In general this indicator using for determine trend which happened and determine changging of the trend.
Remember, when you're using a currency pair that has USD in front of it, the CHF, CAD, or JPY must have a green bar on the top and USD bar should be a red.
Wow do you know with this indicator we can optimize our entry for hedging. We can look correlation between 2 currencies and compare 2 currencies live in 1 chart.
Calculation of pivot and similar levels based on time zones. If you want to modify the colors, please scroll down to line 200 and below (where it says "Calculate Levels") and change the colors. Valid color names can be obtained by placing the curor on a color name (e.g. somewhere in the word "Orange" and pressing F1).
This custom indicator must be installed if you want run GoldWarrior02b expert advisor at this site. Copy this indicators to your "MT4 folder"/experts/indicators/
modes : 1 - original mode 2 - change in colors: green -> up, change red -> down change 3 - Silberman's and Lynch modifications if in trade already and red bar, then exit...
There is a lot of MA and in the same time you can use it more than one xpMA into your chart. It will changes its color according its trend (like red for up and blue for down).