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Combining Parabolic SAR, Williams %R, and Moving Average Signals

Article MQL5 code base

Summary

This document describes an indicator that displays buy and sell signals from three common technical indicators: iSAR, iWPR, and iMA. It presents the signals across nine timeframes and allows their settings to be configured, giving traders a compact view for comparing indicator readings across horizons.

The description gives no entry rules, exit rules, performance tests, or evidence that combining the signals improves trading results. It identifies the indicator’s origins in an earlier MQL4 implementation and notes a font-library dependency, but provides no detail about signal interpretation. Traders would need to inspect the actual indicator and test any strategy built from its readings before drawing conclusions.

Key ideas

  • The indicator displays signals from parabolic SAR, Williams %R, and a moving average.
  • It presents those readings across nine timeframes.
  • The indicator’s settings can be adjusted.
  • The document provides no performance evidence or rules for turning the displayed signals into trades.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.