Parabolic SAR

• 05/21/2018 at 6:48 PM #71026
  fredrikfx

  Hello!

  How do I define the code to enter a trade when Parabolic SAR goes from green–>red and red–>green ?

  Thanks in advance

  

  fredrikfx

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  05/22/2018 at 7:10 AM #71045
  Nicolas

  What trigger the trend change (from green to red and vice-versa) of a Parabolic SAR is the Close breaks out its price level (the green or red dots). So to trigger an action (buy or sellshort contracts), a simple test of a cross over or cross under of the Close is sufficient.

  defparam cumulateorders=false mysar = SAR[0.02,0.02,0.2] if close crosses over mysar then buy at market endif if close crosses under mysar then sellshort at market endif

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  defparam cumulateorders=false   mysar = SAR[0.02,0.02,0.2]   if close crosses over mysar then buy at market endif   if close crosses under mysar then sellshort at market endif

   

   

  

  Nicolas

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  05/22/2018 at 10:32 AM #71084
  fredrikfx

  Thanks Nicolas

  

  fredrikfx

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