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Parabolic SAR test

Parabolic SAR test is an auxiliary Expert Advisor which is available free of charge. It is useful in getting statistics, testing and optimizing parameters.

The resulting parameters can be used to set the Statistic Trader Expert Advisor - the main product whose strategy is based on two concepts - event probability and money management.

Testing and optimization of Parabolic SAR test will allow a trader to determine:

  1. what values of stop level increment (step) and maximum stop level (maximum) for Parabolic SAR would be optimal for a given currency pair
  2. what Take Profit and Stop Loss values and what time frame would be optimal for a given currency pair
  3. how many losing trades it would be reasonable to skip before opening a real trade


Signals for Position Opening:

When the price crosses Parabolic SAR in an upward direction, it is a signal for opening a buy position (LONG). When the price crosses Parabolic SAR in a downward direction, it is a signal for opening a sell position (SHORT). Positions are closed by Take Profit or Stop Loss.


Parameters of the Expert Advisor:

  • Lots = 1 (lot size)
  • TakeProfit = 700 (Take Profit in points)
  • StopLoss = 350 (Stop Loss in points)
  • ParabolicTF=60 (indicator chart time frame)
  • ParabolicStep=0.02 (stop level increment for Parabolic SAR)
  • ParabolicMaximum=0.2 (maximum stop level for Parabolic SAR)
Eleni Anna Branou
4306
2017.02.17 17:56 
 

Helpful.

Ovidiu Caslariu
7845
2016.05.03 18:19 
 

User didn't leave any comment to the rating

Vadim Strelkov
7939
2014.05.12 12:47 
 

User didn't leave any comment to the rating