Heiken Ashi Parabolic confirmation
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Re: Close Position by heiken Ashi 2 different outcomes
This would be additional question to added post from before.
Backtested Heiken Ashi in confluence with Bollinger Bands and Parabolic Sar,
for the trade mgnt situation.Would like to make Parabolic Sar close to current price, currently testing other settings that default settings of 0.02/ 0.2 . Using 0.8 and 0.2 instead on 1h timeframe.
Moreover is it possible to get Parabolic signal 1 candle lookback, before actual reversal happens.
Found that sometimes Parabolic dots would give great entry confirmation because dots already below/above current candle, but sometimes dots appear later when trade setup already happended and Heiken Ashi and Bollinger BAnds would have given entry already.
Parabolic Sar should work as conjungtion for entry and trade mgnt.
Updated version of project:
https://fxdreema.com/shared/rFASsuw7c
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I don't think Parabolic SAR measures Highs and Lows.....I think it works more on strength, volume and/or movement of price....
You might want to continue trying different settings for the PSar Indicator....
Regards*
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Thank you,
Yes, for me, it's not about market strength, was looking more as confluence for Bollinger Bands and Heiken Ashi.
Found that Heiken Ashi filters a lot and simplifies system for market strength with bullish or bearish color.
Was trying different approach with opposite Candle but same Heiken Ashi as Entry signal.
e.g. Bullish Candle but Bearish Heiken Ashi at the Band and vise versa for buy.
But like other systems this works great in sideways conditions but not trend.
Could you please have a lot a the other thread due to this one for trade mgnt?
thank you a lot.
https://fxdreema.com/forum/topic/18835/close-position-by-heiken-ashi-2-different-outcomes
With Parabolic Sar was looking that dot appear at least 1 candle before the actual trigger candle appears.
Seems more congruent that oscillators like stochastic rsi when it's overbought/ oversold.
Found that when market is trending but for example overbought, market tends to continue.Have you used parabolic Sar before or good experience with it?
Was testing tighter settings closer to the candle but unfortuantely doesnt seem to get it candles signal ahead but strangely sometimes dots appear earlier when highs/lows appears to be same height/ market didnt make higher high/ lower lows.
