Strategy that combines Parabolic SAR with volume confirmation. Enters trades when price crosses the Parabolic SAR with above-average volume.
Parabolic SAR identifies trend shifts, and higher volume validates the signal. Trades commence when the SAR flip comes with expanding volume.
Useful for traders who track volume-based moves. The SAR trail and an ATR factor guard against big losses.
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[][b]Entry Criteria[/b]:
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[]Long: [b]Close > SAR && Volume > AvgVolume[/b]
[]Short: [b]Close < SAR && Volume > AvgVolume[/b]
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[][b]Long/Short[/b]: Both
[][b]Exit Criteria[/b]: SAR flip
[][b]Stops[/b]: Uses Parabolic SAR as trailing stop
[][b]Default Values[/b]:
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[][b]Acceleration[/b] = 0.02m
[][b]MaxAcceleration[/b] = 0.2m
[][b]VolumePeriod[/b] = 20
[][b]CandleType[/b] = TimeSpan.FromMinutes(5).TimeFrame()
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[][b]Filters[/b]:
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[]Category: Breakout
[]Direction: Both
[]Indicators: Parabolic SAR, Parabolic SAR, Volume
[]Stops: Yes
[]Complexity: Intermediate
[]Timeframe: Mid-term
[]Seasonality: No
[]Neural Networks: No
[]Divergence: No
[]Risk Level: Medium
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