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Parabolic SAR Strategy
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[QUOTE="clemmo, post: 107202, member: 38761"] Thank you that clarifies things a lot. So the stop loss moves with the PSAR dot. I thought it was moving with the top or bottom range of each bar. Main site seems to be down or I would take another look at the original chart and see how I got confused. I knew that PSAR repaints the dot on a trend change and so I wasn't sure how you would calculate the last stop placement, but if you simply placed it at the beginning of the candle formation that would work well, I think. This strategy has potential. I like the simplicity. If you added another rule to the stop loss to avoid situations where a substantial gain is retraced all the way to a loss it would not be as risky, maybe? Maybe using ADX to avoid ranging situations where the SAR gets confused. I am going to test it on a 4H gold chart. Do you use this strategy in your trading or would you recommend it? [/QUOTE]
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