Disliked{quote} Thanks for your explanation. the psar it seems that you most of the time enter when it is the first dot when it have turned from red to green or vice versa but not always so this is not a rule ? How mutch is the stoploss ? and what is the risk to reward most often ? Do we enter when the candle has close or anytime ? How many trades do you get in a day ? and what pairs do you trade and what tiems during the day ? Many questions Best regardsIgnored
This strategy is based on "Accurate Trading System" which introduced us Ochuko on this topic, the rules are very simple, you can find them in the first post:
TRADING RULE
For A Short Trade:
Awesome Oscillator Turns Red
Accelerator Oscillator Turns Red
The Parabolic SARS is above the current Candle
All conditions for a short must be met below the 200EMA
Go Short at the opening of the next candle
For a Long Trade
Awesome Oscillator Turns Green
Accelerator Oscillator Turns Green
The Parabolic SARS is below the current Candle
All conditions for a Long trade must be met above the 200EMA
Go long at the opening of the next candle.
I just add some more indicators.
about the "Stop Loss" I would recommend you place them after a support or resistance points or pivots in the last swing
In this test I have not used SL, I've done manually, since they usually do not take long to get to the TP, if not i wait to close near to BE .
I hope I've cleared up some of your questions, greetings!