MA Monica Sar Forex Indicator is a leading trading indicator which every forex traders in the world desires to have as it gives very rewarding. It is a trend following trading indicator. It allows you to enter very early in the trend and exit early during the reversals. This tool itself is enough for you to make trading decisions which means that you don’t need other indicators to add here.
When you install MA Monica Sar indictor in your trading platform, your chart will look like this:
This indicator is the combination of moving averages and parabolic sar indicator. The combination of these two indicators gives you the best trading signal. The rules are pretty simple to understand. When the market is trending upward, the parabolic sar and moving averages are below the market price and vice versa. Therefore, the trick is to choose the market which is trending and enter in the direction of the trend with the help of this indicator. for example, if you see a market chart which is trending upward since significant time, you should look for long opportunities in that pair, only LONG.
Buying Conditions Using MA Monica Sar Indicator.
– Market should be up trending.
– Moving averages should be below the market price.
– The yellow and white parabolic sar indicator should appear below the market price.
– Place your long position as soon as above conditions are met.
– Place your stop loss just below the recent swing low.
– Take your profit when the yellow parabolic sar indicator appears above the market.
Selling Conditions Using MA Monica’s Sar Indicator.
– Market should be down trending.
– Moving averages should be above the market price.
– The yellow and white parabolic sar indicator should appear above the market price.
– Place your short position as soon as above conditions are met.
– Place your stop loss just above the recent swing high.
– Take your profit when the yellow parabolic sar indicator appears below the market.
Forex Indicators Download – Instructions
MA Monica Sar Forex Indicator is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
MA Monica Sar Forex Indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
Do the same with template file (.tpl), if there is any, at File/Open Data Folder/templates.
How to install MA Monica Sar Forex Indicator.mq4?
- Download MA Monica Sar Forex Indicator.mq4
- Copy MA Monica Sar Forex Indicator.mq4 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
- Right click on MA Monica Sar Forex Indicator.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator MA Monica Sar Forex Indicator.mq4 is available on your Chart
How to remove MA Monica Sar Forex Indicator.mq4 from your Metatrader 4 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
Download Metatrader 4 Trading Platform:
- Free $30 To Start Trading Instantly
- No Deposit Required
- Automatically Credited To Your Account
- No Hidden Terms
Click The Link Below To Download:
MA Monica Sar