GRat IndiTrade example: Parabolic SAR
Attached are templates with settings for all strategies, which principle is described in Learn how to design a trading system by Parabolic SAR. Just install GRat IndiTrade and apply the appropriate template to the desired chart.
Trading Signals
ParabolicSAR – combined Uptrend and Downtrend:
- SAR value < the price low –> buy signal
- SAR value > the price high –> sell signal
To exclude consecutive entries in the same direction:
Position Management
Positions are closed at opposite signals:
ParabolicSAR_TS – closing conditions were added to the previous strategy (ParabolicSAR) to implement a trailing stop by SAR value:
- Bid <= SAR value –> close long
- Ask >= SAR value –> close short
