Advanced Parabolic SAR

Hey Igor,

First of all, I'm new to this forum, and I can tell you that I'm truly fascinated with your WONDERFUL contributions to the trading community
Looking at your coded tools and indicators, I have a doubt regarding specifically two of them:
Between your Advanced/Adaptive_Parabolic_Sar and your BBands_Stop (BBands_Stop) indicators, which one do you prefer for day-trading and why? Or do you think it could be a good idea to use them maybe combined in some way?

I'm asking you because I find them very similar in plain sight!

Best regards,
Víctor

... please?

Hi Victorious,

I am not Igorad but I may reply.

Those indicators are different because they based on 2 different indicators :

• BBands_Stop is based on Bollinger Bands
• Advanced/Adaptive_Parabolic SAR is based on Parabolic SAR

Those 2 indicators (Bollinger Bands and Parabolic SAR) are used on different way in trading (in some cases).

Personally I prefer Parabolic SAR (Advanced/Adaptive_Parabolic SAR) because I used it for the long time in trading. Besides, Advanced/Adaptive Parabolic indicators were improved for new build of MT4, but BBands_Stop - not yet.

I remember some good EA I traded which is based on BBands_Stop (if I foind it - I will upload it here).

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Just for information :

BBands_Stop indicators.
- BBands_Stop_v3.0 indicator for MT4 is on this post.
- BBands_Stop_v3.0 indicator for MT5 is on this post.
- #PercentBands_Stop_v3.0 indicator is on this post. The bands calculate with percentage of upMa and dnMa.

Advanced Parabolic SAR
- AdvancedParabolic_v2 indicator is on this post.
- AdvancedParabolic_v2.1 indicator is on this post. This is updated version with sound and popup alerts/emails
- AdvancedParabolic_v2.2 indicator is on this post. This version works with Metatrader 4 build 600 and above.
- AdvancedParabolic Histo_v2.1 indicator is on this post.
- AdaptiveParabolic_v2 indicator is on this post
- AdaptiveParabolic_v2.1 indicator is on this post. This version works with Metatrader 4 build 600 and above.
- AdaptiveParabolic Histo_v2 indicator is on this post. This is MTF adaptive histo version with all kinds of alerts.
- AdaptiveParabolic Histo_v2.1 indicator is on this post. This version works with Metatrader 4 build 600 and above.

Hello Sergey,

Thanks a lot for the info. I know those indicators are based on two original different indicators, but I would like to read the opinion of experienced traders using them, in order to help me to achieve a better and faster understanding of their proper/ideal applications.

Cheers!

hello, i just wanted to say congratulations and thank you for all the work in this website, you think different and propose really useful and rare tools and furthermore all is really well clear and easy ton find on the forum,

great work guys

Hello, thanks for all the good work that is going on here.
I was wondering if one of the psar indicators would be able to replicate the IG index psar, but on MT4? The settings I use on IG are 'Initial acceleration 0.02, Step 0.03, Limit 0.2.
Thanks.

Hi Robbie,

You can download all psar indicators from the forum and check it - just to get an idea about what to improve for example (I have no idea about IG index sorry).

Thank you, I might have to do that. I just wondered if anyone knew if it was possible.

I've tried both the advanced and the adaptive versions, but I still can't seem to replicate the IG psar on MT4. (settings initial acceleration 0.02, Step 0.03, Limit 0.2)
If anyone has any ideas on how to do this, please let me know.
Thanks.

Is it possible to turn advanced and adapative parabolic sar into an EA like the allaverageEA?