Signals of the Indicator Parabolic SAR

Signals of the indicator Parabolic SAR

This module of signals is based on the market models of the indicator Parabolic SAR. The mechanism of making trade decisions based on signals obtained from the modules is described in a separate section.

Conditions of Generation of Signals

Below you can find the description of conditions when the module passes a signal to an Expert Advisor.

Signal Type	Description of Conditions
For buying	Reverse — the indicator is below the price at the analyzed bar and above the price at the previous one.
For selling	Reverse — the indicator is above the price at the analyzed bar and below the price at the previous one.
No objections to buying	The price is above the indicator.
No objections to selling	The price is below the indicator.

Note

Depending on the mode of operation of an Expert Advisor ("Every tick" or "Open prices only") an analyzed bar is either the current bar (with index 0), or the last formed bar (with index 1).

Adjustable Parameters

This module has the following adjustable parameters:

Parameter	Description
Weight	Weight of signal of the module in the interval 0 to 1.
Step	The step of price increment.
Maximum	Maximum rate of the speed of convergence of the indicator with the price.