Parabolic SAR and MA of RSI and MACD in one

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Parabolic SAR and MA of RSI and MACD in one

Postby bartwas1 » Wed Apr 25, 2018 4:09 am

HI Guys

This oscillator merges MA of RSI and parabolic SAR based on MACD values.It was published by mrtools. You might find it very useful. Compare standard parabolic SAR in meta trader 4 (lime green arrows on the chart) with this oscillator in the screenshot below and you'll see it is smoother and it seems likely to identify better significant price breaks. You will also have histogram that shows price bias and to assist with making trading decisions based on alignment.

So, is it traders friendly? - decide for yourselves.

On a separate note, may I ask you Apprentice to convert this oscillator into lua, please.

Kind regards
Bart
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Parabolic marsi adaptive MACD.mq4
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GBPUSDM15.png
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Re: Parabolic SAR and MA of RSI and MACD in one

Postby Apprentice » Fri Apr 27, 2018 6:48 am

Your request is added to the development list under Id Number 4125
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Re: Parabolic SAR and MA of RSI and MACD in one

Postby bartwas1 » Wed May 02, 2018 7:44 am

Hi Apprentice

Thanks for the conversion. Much appreciated.

Bart
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