PSAR Scanner Dashboard for MT4:

(Multi-timeframe and Multi-currency)

Parabolic SAR (Cease and Launch) Indicator is especially for analyzing the trending markets.

And this dashboard will search for the swap and in addition different methods.

Options:

• Scan for PSAR Swap
• Present what number of bars again the swap occurred
• Examine ADX line is between min and max vary specified
• Examine -DI > +DI for SELL
• And +DI > -DI for BUY
• Examine Larger Timeframe PSAR Alignment
• Examine if Shifting Averages are stacked in an up/down development

Settings:

Frequent Scanner Settings:

Abiroid Scanner Dashboard Frequent Settings

Scanner Particular Settings:

PSAR Settings:

Step and Max will calculate the P-SAR values. And scanner will present what number of bars again a swap had occurred.

Observe: All different circumstances will solely be matched in course of ongoing PSAR. If course shouldn’t be aligned, then image can be gray.

When the swap occurs, it is going to present that bar quantity in brackets. So, you possibly can see what number of bars again, the final swap occurred.

ADX Settings:

The first image which is a small dot reveals ADX.

Inexperienced dot: reveals all ADX circumstances match for Up Development. Whereas Purple dot reveals a match for Down Development

Gray signifies that ADX shouldn’t be aligned in course of present PSAR.

Situation 1: ADX is between Min and Max Degree values.

Situation 2: For BUY: +DI > -DI and For SELL: -DI > +DI

Shifting Common Stack Settings:

You possibly can specify MA interval separated by commas. 

You should utilize this free indicator to identify MA Stacks:

https://www.mql5.com/en/market/product/69539

If Quicker MA (smallest interval) is above slower MAs and all MAs are stacked on this approach, then it signifies an Up Development.

The circle formed like a doughnut 🙂

It signifies if MA Development is aligned with PSAR course. Gray signifies that alignment has not but occurred. 

Observe: If PSAR is in an up development, and MA is in a down development, even then MA image can be gray. And never purple.

That is to keep away from confusion that too many various colour symbols will convey.

Larger Timeframe PSAR Align Settings:

You possibly can specify variety of HTF to verify. Suppose present TF is M15 and num is 2.

Then it is going to verify of M30 and H1 each have PSAR aligned in identical course.

If alignment is there, then the slanting arrow can be proven in that course.

Or else it is going to be gray.

Finest Manner To Use:

Default settings is usually a bit restrictive, as a result of ADX ranges are set at a really small hole 20-25.

That is good for stronger alerts. However for fast scalping, you should utilize an even bigger ADX degree hole like 20-30

This may give extra alerts. Be sure that to solely commerce in course of upper ongoing tendencies.

Methods:

https://abiroid.com/defined/psar-explained-with-strategies

Changelog:

v1.0 Base model

v1.1 Added Gray Arrows for HTF PSAR not but aligned

For consistency the HTF arrows won’t be hidden