Implementation of strategy - Parabolic SAR + Stochastic. Buy when price is above SAR and Stochastic %K is below 20 (oversold). Sell when price is below SAR and Stochastic %K is above 80 (overbought).
Parabolic SAR supplies the trend and Stochastic refines entry on pullbacks. Signals flip when SAR changes side.
A straightforward trend strategy with built-in SAR stops. ATR settings handle additional risk control.
Entry Criteria:
Long: Close > SAR && StochK < StochOversold
Short: Close < SAR && StochK > StochOverbought
[]Long/Short: Both
[]Exit Criteria:
Parabolic SAR flip in opposite direction
[]Stops: Dynamic SAR based
[]Default Values:
AccelerationFactor = 0.02m
MaxAccelerationFactor = 0.2m
StochK = 3
StochD = 3
StochPeriod = 14
StochOversold = 20m
StochOverbought = 80m
CandleType = TimeSpan.FromMinutes(5).TimeFrame()
[*]Filters:
Category: Mean reversion
Direction: Both
Indicators: Parabolic SAR, Parabolic SAR, Stochastic Oscillator
Stops: Yes
Complexity: Intermediate
Timeframe: Mid-term
Seasonality: No
Neural Networks: No
Divergence: No
Risk Level: Medium