Problem with change in bollingerbands when adding psar short condition - and i dont know why. Anyone - any ideas?
Simple reversal strategy based on 'Parabolic Stop and Reverse' and 'Relative Stength Index' indicators.
Standard Parabolic SAR Strategy with SAR level plotted and backtesting range option.
In the first short signal example, after price closes below the ALMA and the parabolic SAR plots above the price high, sell signal is opened with the stops trailed to the PSAR values until the trade is stopped out. Similarly, you can see a long position where price cuts above the ALMA and the Parabolic SAR plots below the price low. Using these values as the...
This is my first script. Please don't use because I was just testing.
PSAR Strategy with time window for backtest purpose
Based on the trading strategy described at stockcharts.com See Also: - Backtesting and forwardtesting (of TradingView Strategies) - 9 Mistakes Quants Make that Cause Backtests to Lie - When Backtests Meet Reality - Why MT4 backtesting does not work