About the Big Trend PSAR Forex Indicator
The Big Trend PSAR Forex Indicator is a trend-following trading tool built for MetaTrader 4 traders who want precise buy and sell signals.
It is based on the Parabolic SAR and enhanced with a combination of proven trend indicators to improve signal quality and consistency.
The indicator is designed to simplify trend trading by translating complex calculations into clear visual signals.
When market conditions align, it plots arrows directly on the main chart, allowing traders to act without delay.
Blue arrows highlight buy opportunities, while red arrows indicate sell opportunities.
The Big Trend PSAR Forex Indicator adapts well to different trading styles.
It can be used for scalping, intraday trading, or swing trading depending on the selected timeframe.
It also performs consistently across Forex pairs, indices, stocks, cryptocurrencies, and commodities, making it a flexible addition to any MT4 setup.
Free Download
Download the “nik psar.mq4” indicator for MT4
Key Features
- Based on Parabolic SAR combined with trend indicators.
- Displays buy and sell arrows directly on the chart.
- Blue arrows signal buy opportunities.
- Red arrows signal sell opportunities.
- Works on all MT4-supported assets.
- Can be used as a standalone tool or trend filter.
Indicator Chart
The chart shows the Big Trend PSAR Forex Indicator plotted in the main MT4 window.
Buy and sell arrows appear in line with the prevailing trend direction.
Blue arrows mark bullish trend continuation, while red arrows highlight bearish trend movement.
Traders use these arrows to align entries with broader market momentum.
Guide to Trade with Big Trend PSAR Forex Indicator
Buy Rules
- Apply the indicator to the selected market and timeframe.
- Wait for a blue arrow to appear on the chart.
- Confirm that the price is moving in a bullish trend.
- Open a buy trade after the signal is confirmed.
Sell Rules
- Ensure the indicator is active on the chart.
- Wait for a red arrow to appear.
- Confirm bearish trend conditions.
- Open a sell trade following the arrow signal.
Stop Loss
- Place the stop loss beyond the recent trend swing.
- Use Parabolic SAR levels as additional guidance.
- Allow enough room for trend continuation.
Take Profit
- Target previous highs or lows within the trend.
- Trail profits while arrows continue in the same direction.
- Close trades when opposite arrows appear.
- Adjust targets based on market volatility.
Big Trend PSAR + Execute Line Forex Intraday Strategy
This intraday strategy combines the Big Trend PSAR Forex Indicator MT4 with the Execute Line Forex Signal Indicator MT4.
The Big Trend PSAR plots blue arrows for buy signals and red arrows for sell signals directly on the chart.
The Execute Line displays a yellow line for bullish trends and a purple line for bearish trends.
This combination helps traders enter trades in the direction of the dominant trend while using precise intraday entries on M5, M15, and H1 charts.
Why This Strategy Works
The Big Trend PSAR highlights potential reversals and short-term momentum shifts, while the Execute Line confirms the overall trend.
By only taking trades when both the PSAR arrow and trend line agree, traders can reduce false entries and scalp short-term moves with higher probability.
This approach is effective for intraday traders who want to catch quick swings without holding trades for long periods.
Buy Entry Rules
- Wait for a blue arrow from the Big Trend PSAR indicator.
- Confirm that the Execute Line is yellow, indicating bullish trend direction.
- Enter a buy trade at the open of the next candle after both conditions align.
- Place a stop loss below the recent swing low or the low of the PSAR arrow candle.
- Take profit when:
- The Big Trend PSAR plots a red arrow, or
- The Execute Line turns purple, or
- A short-term pip target is reached (15–30 pips for M5–M15, 30–50 for H1).
Sell Entry Rules
- Wait for a red arrow from the Big Trend PSAR indicator.
- Confirm that the Execute Line is purple, indicating bearish trend direction.
- Enter a sell trade at the open of the next candle after both signals align.
- Place a stop loss above the recent swing high or the high of the PSAR arrow candle.
- Take profit when:
- The Big Trend PSAR plots a blue arrow, or
- The Execute Line turns yellow, or
- Pip target is reached (15–30 pips for M5/M15, 30–50 for H1).
Advantages
- Combines precise reversal signals with trend confirmation.
- Reduces false trades by only trading with the trend.
- Works across multiple intraday timeframes.
- Helps traders catch short-term moves efficiently.
Drawbacks
- Requires constant monitoring on shorter timeframes.
- Spread and slippage may reduce profitability on smaller targets.
- May give late entries if the trend line lags slightly behind the arrows.
Case Study 1: AUDUSD M15
On the AUDUSD 15-minute chart, a blue arrow appeared on the Big Trend PSAR while the Execute Line was yellow.
A buy trade was placed at the next candle open with a stop loss below the recent swing low.
Price rose steadily, and the trade was closed when the PSAR plotted a red arrow, netting +25 pips within 40 minutes.
Case Study 2: NZDJPY M5
On the NZDJPY 5-minute chart, a red arrow appeared while the Execute Line was purple.
A sell trade was executed at the next candle open with a stop loss above the recent swing high.
Price dropped quickly, and the trade was closed when the PSAR generated a blue arrow, capturing +17 pips in 18 minutes.
Strategy Tips
- Trade during high-volatility sessions for better intraday moves.
- Confirm both PSAR arrows and the Execute Line direction before entering.
- Adjust stop loss and take profit based on the timeframe and market conditions.
- Focus on liquid pairs such as AUDUSD, NZDJPY, and USDCHF.
- Consider scaling out partially to lock in profits on stronger trends.
- Track multiple pairs using the Execute Line for better intraday opportunities without overtrading.
Download Now
Download the “nik psar.mq4” indicator for Metatrader 4
FAQ
What makes the Big Trend PSAR indicator different from standard PSAR?
It combines Parabolic SAR with additional trend indicators, reducing false signals and improving trend confirmation.
Can the indicator be used as a confirmation tool?
Yes, many traders use it alongside other strategies to confirm trend direction before entering trades.
Which timeframes work best with this indicator?
The indicator adapts to all timeframes, though higher timeframes often produce more stable trend signals.
Is the indicator suitable for non-Forex markets?
Yes, it works on stocks, indices, cryptocurrencies, and commodities supported by MetaTrader 4.
Summary
The Big Trend PSAR Forex Indicator for MT4 offers a reliable way to trade in the direction of strong market trends.
By combining Parabolic SAR with advanced trend analysis, it delivers clear arrow-based signals that are easy to follow.
The indicator is versatile, user-friendly, and effective across multiple asset classes.
Whether used as a primary trading tool or as a trend filter, it can help traders stay aligned with dominant market direction and improve overall trade decision quality.
