Two Parabolic Sar with Pivots Levels

Two Parabolic Sar with Pivots Levels is a day trading strategy trend-following filtered by pivot points levels.
Time Frame 5 min.
Currency pairs: EUR/USD, GBP/USD, USD/JPY, GBP/JPY
Sessions London and New York.
Forex Indicators:
Parabolic SAR (0.02 – 0.2) green dot;
green dot;
Pivot Point levels.
Trading Rules
Buy
Price above the Pivot Points levels daily PP.
and Parabolic SAR (0.005 – 0.05) are below the candle price.
Sell
Price below the Pivot Points levels daily PP .
Parabolic SAR (0.02 – 0.2) and Parabolic SAR (0.005 – 0.05) are above the candle price.
Exit options:
when Parabolic SAR (0.02 – 0.2) change direction;
with predetermined fast profit target: EUR/USD 7 pips, GBP/USD 10 pips, USD/JPY 8 pips, GBP/JPY 12 pips;
at the next pivot points level.
Trailing stop with 5 pips.
Place initial stop loss below/above the dot of Parabolic SAR (0.02 – 0.2).
Trading Examples
Two Parabolic Sar with Pivots Levels

Two Parabolic Sar with Pivots Levels

Two Parabolic Sar with Pivots Levels

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