Wednesday, July 24, 2024

M5 M15 Day trading Config | Parabolic SAR settings | The VWAP Angle Indicator: Always catch market TOPS and BOTTOMS

 - Unveil the secrets of the VWAP Angle Indicator in our latest video! 📊 Learn how to identify potential trend reversals with precision using this powerful tool. We'll break down its components, customization options, and reveal a simple yet effective trading strategy that combines it with the Parabolic SAR and EMA indicators.

Indicators:

  1. VWAP angle indicator
  2. EMA 100
  3. Parabolic SAR - change settings: start: 0.01, increment value 0.001, Maxim: 0.2, disable PSAR line
Angle explanation: reverse trend -

Examples of Setting Combinations

Here are a few settings that market participants generally use while trading, including Parabolic SAR settings for intraday strategy:

  • Trending Market: Step = 0.02, Maximum = 0.2
  • Choppy Market: Step = 0.01, Maximum = 0.1
  • Short-Term Trading: Step = 0.01, Maximum = 0.1
  • Long-Term Trading: Step = 0.02, Maximum = 0.2

Parabolic SAR - change settings: start: 0.01, increment value 0.001, Maxim: 0.2, disable PSAR line
For M5 and M15 day trading,

SAR is not working very well on choppy trend, uptrend or downtrend is better.



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