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And I find SAR just abysmal. I'm currently using combination of ATR stops and low previous bars.
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See also ATRStops_v1 [ 1 ]. 1 - MQL4 Code Base
Current working values:Nice contribution, thank you.
I tested ATRStops v parabolic SAR and found that SAR hugs the ATRStops quite closely except in the beginning, SAR is wider and at the end of a trend SAR is narrower. This suits my trading style better.