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I'm trying to figure out how to create a formula that will
allow me to back test a stratagy using the Parabolic SAR.
What I'm looking to do is this Parabolic stop/reverse method until
it has made a certain number of points for the day
(say 3 to 5 points). Then quit and run for the hills until the
following day.
Problem is, I want to ignore the 1st signal of the day
(wait for it to get stopped out, so I can take its reversal)
avoiding the morning gap. Using the 2nd signal for my 1st trade.
Any help with this would be greatly appreciated.
Thanks much
Eric
allow me to back test a stratagy using the Parabolic SAR.
What I'm looking to do is this Parabolic stop/reverse method until
it has made a certain number of points for the day
(say 3 to 5 points). Then quit and run for the hills until the
following day.
Problem is, I want to ignore the 1st signal of the day
(wait for it to get stopped out, so I can take its reversal)
avoiding the morning gap. Using the 2nd signal for my 1st trade.
Any help with this would be greatly appreciated.
Thanks much
Eric