As I see it nothing lagging because nothing indicate the future. As I see it all indicator should be combined with current PA & Order flow. Its all interpret in current real time. If you know the indicator is lagging take it into consideration.
%% Generally true. BUT if something works 2 or 3 times in 520 weeks[10 years of weeks], may help anyway. A200 day moving average will not work much in1,000 days of price crossing also. But its still helpful. MOST would hate both of those super low %, but with something so hated , may help anyway.
Once there confirmed higher low on longer timeframe, then go lower timeframe to go with trend trades. There is no guarantee, life is a gamble, risk management only way to save us from losing accounts.
%% THAT [higher low]+ higher close. IF that higher low does not result in a higher close , maybe fake uptrend, or top tail; but could be a good downtrend......................................
I did say confirmed higher low and for me than is higher high compared to high of bar after higher low bar., my backtesting doesn't show where it closes to make much difference. Should price break below lows of higher low is cheap risk for most. Longer term trades I would hedge.
I don't like parabolic SAR and all other indicators. But I like the parabolic thing. I like it when I enter a trade, and the price started to move in a parabolic / exponential manner.
Personally, I prefer the Supertrend which is derived from the Parabolic Sar, but allows you to quickly check for sideways phases.
So in other words you've never done a systematic backtest over a long period that includes many different market conditions?
Wanna find out? Imho you don't have to do a huge backtest to find out if it does NOT work. People get crestfallen thinking decades of backtests etc etc. Like ironing a sheet, just start somewhere and work out from there. How? Do something like this maybe... https://www.elitetrader.com/et/threads/range-bound.365459/page-2#post-5558000 Tell us what you find out now, y'hear? Parabolic sar strategy https://www.dogpile.com/serp?q=Parabolic+sar+strateg
No, I don't trade by indicator values/numbers . I basically trade the PA as I understand at this current price level. I don't trade market condition I trade current order flow condition withe current PA condition in current price level.