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Parabolic SAR Is Simple to Use & Quite Reliable

  • #81
  • Oct 13, 2017 11:24pm Oct 13, 2017 11:24pm
It is all quiet from the "master". But his ground breaking, senior boys "investing" system continues, with even "better" results week by week...

Summary of this method results...

Focusing on annual return:
1 Jan 2015 - 31 Dec 2015 = total return +0.2%, barely positive, in fact negative considering inflation
1 Jan 2016 - 31 Dec 2016 = total return -18.7.%, highly negative
1 Jan 2017 - up to now = total return -19.3%, still counting

Focusing on monthly return in 2017
January = -3.6%
February = -0.5%
March = -0.3%
April = +6.6%
May = -1.5%
June = +2.8%
July = +0.1%
August = +1.0%
September = -6.3%

Focusing on recent weeks
Week ending 17/09/2017, LOSS: -2.4%
Week ending 24/09/2017, LOSS: -1.5%
Week ending 01/10/2017, LOSS: -3.4%
Week ending 09/10/2017, LOSS: -7.8%
Week ending 05/10/2017, LOSS: -14.3%

Still counting for the year....
  • #82
  • Oct 14, 2017 8:30am Oct 14, 2017 8:30am
Quoting jdieieh
It is all quiet from the "master". But his ground breaking, senior boys "investing" system continues, with even "better" results week by week... Summary of this method results... Focusing on annual return: 1 Jan 2015 - 31 Dec 2015 = total return +0.2%, barely positive, in fact negative considering inflation 1 Jan 2016 - 31 Dec 2016 = total return -18.7.%, highly negative 1 Jan 2017 - up to now = total return -19.3%, still counting Focusing on monthly return in 2017 January = -3.6% February = -0.5% March = -0.3% April = +6.6% May = -1.5% June = +2.8%...
Until I see your FE data, you 3will not be worth my time. Sooner than later tbe administrators will do their job and flush you out back into whicbever gutter you came out of.
Mecrandie
  • #83
  • Oct 14, 2017 8:41am Oct 14, 2017 8:41am
Quoting mecrandie
{quote} Until I see your FE data, you 3will not be worth my time. Sooner than later tbe administrators will do their job and flush you out back into whicbever gutter you came out of.
Admins will not do anything, they dont have any reason.

You have nothing worth to say. Nothing to advice. Your talk is anecdotal. And you react to criticisms like teenager. Typical forex forum looser as your record shows. Self imposed guru with "senior boys money management" A scammer. Easy to expose. Numbers dont lie.

KEEP LOOSING YOUR MONEY:

1 Jan 2017 - up to now = total return -19.3%, still counting
  • #84
  • Edited 6:53pm Oct 20, 2017 6:22pm | Edited 6:53pm
It is not only dollars that fly away from you, but also your magical green pips. You are shorter about 5000 of them in comparison 1 month ago. You have 6 week losers in a row, all with heavy or very heavy losses (in relation to your leverage). You not only lost your positive return of about 5% for this year yiu had couple months ago, but you managed to turned that into -23% whooping loss so far and still counting... I see, this is "senior boys" way of making money as you insinuated (and disrespected me) in other thread hahaha

Summary of mecrandie method results...

Focusing on annual return:
1 Jan 2015 - 31 Dec 2015 = total return +0.2%, barely positive, in fact negative considering inflation
1 Jan 2016 - 31 Dec 2016 = total return -18.7.%, highly negative
1 Jan 2017 - up to now = total return -23.3%, still counting

Focusing on monthly return in 2017
January = -3.6%
February = -0.5%
March = -0.3%
April = +6.6%
May = -1.5%
June = +2.8%
July = +0.1%
August = +1.0%
September = -6.3%
October = -21.1% and counting

Focusing on recent weeks
Week ending 17/09/2017, LOSS: -2.4%
Week ending 24/09/2017, LOSS: -1.5%
Week ending 01/10/2017, LOSS: -3.4%
Week ending 09/10/2017, LOSS: -7.8%
Week ending 15/10/2017, LOSS: -14.3%
Week ending 21/10/2017, LOSS: -6.1%

Still counting for the year....

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  • #85
  • Edited Oct 21, 2017 4:38am Oct 20, 2017 6:34pm | Edited Oct 21, 2017 4:38am
Lest analyze one of your most dump trades recently. GBPCAD you entered couple days ago. You managed to get some decent floating profit about +200p only to loose all that and render it as a loss. All that because you could not comprehend fundamental and political forces that have been building up behind pound and Canadian dollar and you relied on your silly psar method, despite real force behind forex. You did not understand that Brexit talks gets softer hence less risk for pound. And you did not understand that Canadian economic data and particularly housing is weighting on Canada economy warranting not more rates hikes by BoC anytime soon. You did not realize that move you entered and made floating profit was just clean up, you blindly run with that and did not bother to secure it. You not only lost all your money of that position and turned profitable position into loss, but also provided your broker with nice swap charges. HOW CARELESS AND DUMP IS THAT MY "SENIOR BOY" ?!!!

And you claim to beat institutional grade trader? Such a joke...

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  • #86
  • Oct 21, 2017 12:41am Oct 21, 2017 12:41am
It looks workable but on real time you may confused you; because it changes it’s direction for several times! When I was a new trader then I used Parabolic SR trading indicator but I am not satisfied on it’s performance.
  • #87
  • Edited 4:39am Oct 21, 2017 2:27am | Edited 4:39am
Quoting NeilWagner
It looks workable but on real time you may confused you; because it changes it’s direction for several times! When I was a new trader then I used Parabolic SR trading indicator but I am not satisfied on it’s performance.
PSAR can be used as part of a system (not this one though!). But that is not a problem here. Issues are:

1. In the very first post mecrandie ask for "Your feedbacks are welcome" (feedback(s)!!!). Yet when I (and others) gave him feedback and welcomed into analysis of PSAR, he managed to insult me by misogynist comments.

2. Further in the thread as well as by the title, he calls his method solid and better than institutional trading. Whereas in reality he is into his 3rd year of losses. His winning months are far and between at peanuts levels. And when pointed to his own clearly bad record, he refuses to acknowledge.

There are only two explanation of his behaviour. He is either fool or scammer. In either case, he is not teachable and nor rescue-able anymore. Hence validating his "psar method" week by week and showing real (pretty bad as expected) performance is going to hopefully detract potential victims, who otherwise would be attracted to this faulty approach and quite frankly loose money and time or worse both.

By the way, by the fact that he emphasizes his floating pips and calls anyone who questions his approach and results as an idiot, I am convinces he is a scammer.
  • #88
  • Oct 27, 2017 4:38pm Oct 27, 2017 4:38pm
Flimsy +0.3% win this week (after many weeks of loosers in a row, does not even cover inflation and higher taxes coming to you soon), although October goes to red -20.6%!

Numbers do not lie, unlike people.

Summary of mecrandie psar method results...

Focusing on annual return:
1 Jan 2015 - 31 Dec 2015 = total return +0.2%, barely positive, in fact negative considering inflation
1 Jan 2016 - 31 Dec 2016 = total return -18.7.%, highly negative
1 Jan 2017 - up to now = total return -22.9%, still counting

Focusing on monthly return in 2017
January = -3.6%
February = -0.5%
March = -0.3%
April = +6.6%
May = -1.5%
June = +2.8%
July = +0.1%
August = +1.0%
September = -6.3%
October = -20.6% (last 2 days left)

Focusing on recent weeks
Week ending 17/09/2017, LOSS: -2.4%
Week ending 24/09/2017, LOSS: -1.5%
Week ending 01/10/2017, LOSS: -3.4%
Week ending 09/10/2017, LOSS: -7.8%
Week ending 15/10/2017, LOSS: -14.3%
Week ending 21/10/2017, LOSS: -6.1%
Week ending 29/10/2017, WIN: +0.3%

Still counting for the year....

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  • #89
  • Nov 3, 2017 5:38pm Nov 3, 2017 5:38pm
Nice losses this week mecrandie. Your "green" pips are flying away from you at accelerated rate. Your floating profit melting faster then gelato in Palermo. Last week was an flimsy exception with +0.3% profit. You managed to return to your typical loosing track with loss -4.8% this week. Indeed this is pure psar mastery in action.

Summary of mecrandie psar method results...

Focusing on annual return:
1 Jan 2015 - 31 Dec 2015 = total return +0.2%, barely positive, in fact negative considering inflation
1 Jan 2016 - 31 Dec 2016 = total return -18.7.%, highly negative
1 Jan 2017 - up to now = total return -25.9%, still counting

Focusing on monthly return in 2017
January = -3.6%
February = -0.5%
March = -0.3%
April = +6.6%
May = -1.5%
June = +2.8%
July = +0.1%
August = +1.0%
September = -6.3%
October = -21.4%
November = -3.4% and still counting

Focusing on recent weeks
Week ending 17/09/2017, LOSS: -2.4%
Week ending 24/09/2017, LOSS: -1.5%
Week ending 01/10/2017, LOSS: -3.4%
Week ending 09/10/2017, LOSS: -7.8%
Week ending 15/10/2017, LOSS: -14.3%
Week ending 21/10/2017, LOSS: -6.1%
Week ending 29/10/2017, WIN: +0.3%
Week ending 05/11/2017, LOSS: -4.9%

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Still counting for the year.... but seems like the master disappeared quietly
  • #90
  • Nov 3, 2017 6:00pm Nov 3, 2017 6:00pm
Since we proved empirically that mecrandie 's claims about this psar method as false, lets take a closer look at the author. Judging by the link from his own profile, mecrandie owns blog health-pub.com

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So we go to the blog, page "about us" and we get his identity "Dr. Otumdi Omekara, a physician entrepreneur and medical publisher since 2002".

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Then we go to google and search for "Dr. Otumdi Omekara Portland Oregon" and guess who we find - our mecrandie - compare mug shots. Both photos fits very well.

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So... for any accidental reader... here we are, our mecrandie is a "physician entrepreneur" selling some "beauty products" online. And this guys comes here and claims he own a forex speculation method with results better than institutions.

As I said... HE IS A SCAM. S-C-A-M
  • #91
  • Nov 3, 2017 6:34pm Nov 3, 2017 6:34pm
Quoting jdieieh
Since we proved empirically that mecrandie 's claims about this psar method as false, lets take a closer look at the author. Judging by the link from his own profile, mecrandie owns blog health-pub.com {image} So we go to the blog, page "about us" and we get his identity "Dr. Otumdi Omekara, a physician entrepreneur and medical publisher since 2002". {image} Then we go to google and search for "Dr. Otumdi Omekara Portland Oregon" and guess who we find - our mecrandie - compare mug shots. Both photos fits very well. {image} So... for any accidental...
Ummmm..........Dang! You went hard on this one. Have been following this thread mostly out of curiosity. Can't really say any more than * Mic Drop* !
  • #92
  • Nov 10, 2017 4:49pm Nov 10, 2017 4:49pm
Not much luck this week either with -1.6% loss...

Summary of mecrandie psar method results...

Focusing on annual return:
1 Jan 2015 - 31 Dec 2015 = total return +0.2%, barely positive, in fact negative considering inflation
1 Jan 2016 - 31 Dec 2016 = total return -18.7.%, highly negative
1 Jan 2017 - up to now = total return -27.5%, still counting

Focusing on monthly return in 2017
January = -3.6%
February = -0.5%
March = -0.3%
April = +6.6%
May = -1.5%
June = +2.8%
July = +0.1%
August = +1.0%
September = -6.3%
October = -21.4%
November = -4.6% and still counting

Focusing on recent weeks
Week ending 17/09/2017, LOSS: -2.4%
Week ending 24/09/2017, LOSS: -1.5%
Week ending 01/10/2017, LOSS: -3.4%
Week ending 09/10/2017, LOSS: -7.8%
Week ending 15/10/2017, LOSS: -14.3%
Week ending 21/10/2017, LOSS: -6.1%
Week ending 29/10/2017, WIN: +0.3%
Week ending 05/11/2017, LOSS: -4.9%
Week ending 12/11/2017, LOSS: -1.6%

Still counting for the year....
  • #93
  • Nov 10, 2017 6:03pm Nov 10, 2017 6:03pm
Are you sick? you are wasting your time about this. Better put your money in tokens there is a chance you earn big bucks
  • #94
  • Edited 6:44pm Nov 10, 2017 6:19pm | Edited 6:44pm
Quoting mario777
Are you sick? you are wasting your time about this. Better put your money in tokens there is a chance you earn big bucks
I am not wasting my time, because:

1. To compile a week results it takes me about 2 minutes
2. Gives me better technical insight why his approach does not work
3. Gives me feedback by owner's behavior why his approach does not work
4. He provides me free, forward testing service, that contributes to my work
5. Shows how a scammer works by real, practical example
6. Educates public about point 5, saving them a lot of problems

No, I am not sick. And I already made my weekly target long time ago, I dont need to "put your money in tokens" as you suggest.

Do you have problem with exposing scammers? You have yellow badge...
  • #95
  • Nov 13, 2017 10:05pm Nov 13, 2017 10:05pm
Quoting jdieieh
As I said... HE IS A SCAM. S-C-A-M
If he's selling FX related products or services, he should be a commercial member.

As with many trend following indicators, PSAR will deliver profit in a strongly trending market, and losses whenever the market moves sideways. As simple observation demonstrates.
  • #96
  • Nov 14, 2017 1:00am Nov 14, 2017 1:00am
Quoting hanover
{quote} If he's selling FX related products or services, he should be a commercial member. As with many trend following indicators, PSAR will deliver profit in a strongly trending market, and losses whenever the market moves sideways. As simple observation demonstrates.
A trend is not enough. It also needs to start and stop "slowly". A simple observation lets think it is better than it actually is. Here an example where you only catch 27% of the move. Given all the losses it's poor. You can find cases where both the start and the stop happen on big candles and the result is a loss or not too far from BE. Despite its name pSAR was designed to trail a SL not to enter.
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No greed. No fear. Just maths.
  • #97
  • Nov 14, 2017 1:19am Nov 14, 2017 1:19am
The point of psar is “stop and reverse”, do I guess one should enter with a buy stop at the PSAR value (giving more than 1/2 of the price range in the example above).
The overall strategy could imho be improved in two ways:
1) taking only buy trades starting from a higher point than previous swing (vice versa for sells). This ensures trading with the trend.
2) Increasing the size of trade after a series of winning moves, and decreasing after the losing one. One could in fact apply the psar indicator to the equity curve and have larger trades (say, risking 3% of balance) placed if the curve is above the psar, and smaller ones (say, risking 1% of balance) below. This should filter longer periods of market moving sideways which usually kills this kind of strategies.
Cheers,
k
  • #98
  • Nov 14, 2017 1:09pm Nov 14, 2017 1:09pm
I used the psar in combination with mas.

this is 3 minutes of backtesting of the psar alone with fixed tp/sl. 30 points of spread 2000-today.

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it's pretty c**ppy and you have to curve fit it a bit to the instrument.
  • #99
  • Nov 14, 2017 7:30pm Nov 14, 2017 7:30pm
PSAR is one of those indicators that appeals to new traders because of its relative simplicity - easy to understand and easy to use, but after a while superior tools replace it. I know this because I was that trader.
  • #100
  • Nov 16, 2017 2:17am Nov 16, 2017 2:17am
Quoting clemmo17
PSAR is one of those indicators that appeals to new traders because of its relative simplicity - easy to understand and easy to use, but after a while superior tools replace it. I know this because I was that trader.

Indeed. the psar needs way too much curve fitting , it's not flexible. IMO a respectable trend following system should not only work in the long term (on -almost- any instrument), it should be able to profit from small trends and major trends also.
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