jhanson107

SAR Trend Trader Strategy By: jhanson107

This strategy utilizes Parabolic SAR (Stop and Reverse) along with EMA filtering to improve accuracy. Use the strategy to find optimal settings for the pair your are trading.

Long:
1. SAR below price action
2. Above slow EMA (Default 100 EMA)
3. Update trailing stop daily and exit trade once stopped out.

Short
1. SAR above price action
2. Below slow EMA (Default 100 EMA)
3. Update trailing stop daily and exit trade once stopped out.

White Bars = No trade zone which helps filter out bad trades compared to only using Parabolic SAR.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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