SAR Oscillator, is a powerful VertexFX client side VTL oscillator that provides
excellent trend-following entry and exit signals. It is a bounded oscillator
with the zero-line at the center.
Now,
as the market starts falling, the parabolic signal again becomes smooth and it
follows the price closely from above. Finally, when the bearish trends ends,
the parabolic signal switches above the price indicating an end of the bearish
trend and start of the bullish trend.
At first
step, we calculate the Parabolic SAR (Parabolic
Stop-And-Reverse) indicator value. In second step, we calculate the difference
between the Close price and the Parabolic SAR value. This difference is the
indicator value.
Buy: Enter BUY when the SAR oscillator has bottomed out below and
has risen for at least two candles. Do not enter trade if candle has gap-up
opening.
Sell: Enter SELL when the SAR oscillator has topped out above zero
and has fallen for at least two candles. Do not enter trade has gap-down
opening.
To
use SAR Oscillator download it from here, then place it at
VertexFX VTL directory:
C:\ProgramData\VertexFX
Client Terminals\"Company name"\VTL10\Local VTL Scripts
Then
right click on the tree and select refresh or restart your client station and
you will find under VTL local scripts in your client terminal.
You
can check this video that talks about SAR Oscillator: