1. The presence of an uptrend on the chart.
2. The Parabolic indicator points are located below the chart.
3. The SMA with a period of 4 intersects the SMA with a period of 60 going upward. We open an "Up" trade.
4. The trade closes when the second point of the Parabolic indicator changes its direction.
5. We recommend setting Stop Loss at the level of the nearest lowest point of the Parabolic indicator.