Some rules to use with Parabolic trading. The parabolic SAR by itself gets you about breakeven. Gotta juice it up a bit. Heres how I use it. Take a signal and let er rip ! If it comes back on you right away or even after a little profit take your small loss. If the signal was long wait for the next green bar and reenter long. If you get a good trend up ride it until you either get the SAR to get out or you get a test. A test is where you have a down bar in the uptrend and then the next up bar is the test. Get ready to bail after the test bar at the low of the test bar. If the test is good and you keep going up great just take it. Otherewise get out on the low of the test bar or a tick lower if you like.
Substantive discussion is always welcome and impertinence is politely ignored as if one had farted aloud or silently at a black tie affair.
Hmmm. It was a sincere question. Sometimes people share approaches they actually use and others just throw ideas out there for consideration and discussion. I was curious because Parabolic SAR's stops are sooooooooo far away you'd definitely need a pair of brass ones to enter. That's all.
Yep I agree. Thats why I dont wait that long with a losing trade. "Take a signal and let er rip ! If it comes back on you right away or even after a little profit take your small loss. "
Ah I see that you can't post more graphs with the same name or it delets the previous one. Anyway have a great weekend all.