Hello
I am looking for advice on money management on a PSAR strategy. I use PSAR on daily with a 60SMA. Also use PSAR to exit when it reverses. Backtesting it, it produces awfully similar results for all pairs. Some produce a gain, some a loss. The losses however are really small. (about 40-50 pip loss after 2 years and the max drawdown is also quite tiny) Now I know with proper money management, it can probably produce a decent profit. Since the losses are really small, I am sure theres some way of not using psar for exits but using something else. I was looking for something else as an exit strategy...any advice will help
I am quite new, please bear with me
I am looking for advice on money management on a PSAR strategy. I use PSAR on daily with a 60SMA. Also use PSAR to exit when it reverses. Backtesting it, it produces awfully similar results for all pairs. Some produce a gain, some a loss. The losses however are really small. (about 40-50 pip loss after 2 years and the max drawdown is also quite tiny) Now I know with proper money management, it can probably produce a decent profit. Since the losses are really small, I am sure theres some way of not using psar for exits but using something else. I was looking for something else as an exit strategy...any advice will help
I am quite new, please bear with me
