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.
Entry Criteria:
Long: Close > SAR && Volume > AvgVolume
Short: Close < SAR && Volume > AvgVolume
[]Long/Short: Both
[]Exit Criteria: SAR flip
[]Stops: Uses Parabolic SAR as trailing stop
[]Default Values:
Acceleration = 0.02m
MaxAcceleration = 0.2m
VolumePeriod = 20
CandleType = TimeSpan.FromMinutes(5).TimeFrame()
[*]Filters:
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