I have an idea if you can build an EA with the default parameters of parabolic sar. It would work where it would open a trade at the beginning of a new direction right at the dot. The trade would continue until a change of direction with a dot appearing in the opposite direction. Then it would close the trade and immediately open a new trade in the new direction and keep continiung this way. I've back tested this on the 4 hr and daily charts and parabolic sar works great on these time frames. GBP/JPY, CAD/JPY and EUR/JPY work extremely well but any pair would be o.k. yes there are some losing trades but the winners are generally much bigger and you can make continuous profits. It doesn't seem to difficult to build and I think it would have mass appeal. Using parabolic sar to open a trade at the beginning of a candle where the dot has just appeared and continue until a change of direction with a dot in the opposite direction , immediately close previous trade and open a new trade in the new direction.
Can someone buildd this EA for everyone to use?
parabolic sar does not repaint and once the signal is there it stays constant. What do you think? This would make alot of money trading! Let me know. Thanks, Paris
Can someone buildd this EA for everyone to use?
parabolic sar does not repaint and once the signal is there it stays constant. What do you think? This would make alot of money trading! Let me know. Thanks, Paris