ParabolicSAR - PSAR Moving Average Strategy For ThinkOrSwim

@SilverWolf

Hey, how's your progress in using this indicator?

Could you share with us your progress?

What timeframe/stock do you use ?

How do you use it ?

Any juicy pieces of information for us
 

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@SilverWolf

Hey, how's your progress in using this indicator?

Could you share with us your progress?

What timeframe/stock do you use ?

How do you use it ?

Any juicy pieces of information for us
Yes, I've been checking it out for about a week and it is very interesting. I have been using it for live trades on the daily chart to sell puts. I had been using the psar some before, but now I have it on a scan and the scan is on a watchlist, so I can see right away everyday as the sar switches, it adds it to the list. Then I look at the chart and decide if it's a good long. It has been working and it makes my search for trades much easier. I have also been trading with 10 shares stocks like tsla, smci labu and others that backtest really well on 3min and 5 min. I have not had profit with this no big loses. I don't think I have enough trust in the system so I second guess it and spin my wheels. Also a problem that sometimes the strategy will close a trade at a much better price than is possible. It seems that that could be fixable but I don't know enough to fix it. Like, it will close or reverse at the little ball, way above or way below where the price has been. I would love to see that cleaned up. Thanks so much.


Another thing, is there an easy way to turn on and off the moving average part completely just to see the difference that they make in the back tests. I also have the acceleration factor set to .055. That is best for what I am doing. Or is that crazy to do and may mess it up for some reason I don't know about?
 
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