Parabolic SAR indicator - page 30

[Niyoshaka Stanley Lameck]

Dear

I am try to use Parabolic SAR with my EA. I need to use Accelerator (Step) set up to be below 0.02. However, despite having specified the value below 0.02, what I see is the EA using 0.02 as an accelerator (seeing this when I place a cursor on the Parabolic SAR trend and the values themselves). Can any one assists to show how I navigate past this.

Thanking you in advance

[William Roeder]

Niyoshaka Stanley Lameck #: what I see is the EA using 0.02 as an accelerator

Do you really expect an answer? There are no mind readers here and our crystal balls are cracked, so we can't see your machine.
     How To Ask Questions The Smart Way. (2004)
          Be precise and informative about your problem

We can't see your broken code.

Always post all relevant code (using Code button) or attach the source file.

[Sergey Golubev]

How to add Trailing Stop using Parabolic SAR

Using the Parabolic SAR for a trailing stop is especially useful in trending markets, where this tool helps to maximize profits while allowing you to keep a position open as long as the trend continues. However, keep in mind that during flat periods or low volatility, using Parabolic SAR may lead to premature closing of positions due to frequent changes in the position of the indicator dots.

[Sergey Golubev]

Forum on trading, automated trading systems and testing trading strategies

All about MQL5 Wizard : create robots without programming.

Sergey Golubev, 2024.09.21 17:52

MQL5 Wizard Techniques you should know (Part 40): Parabolic SAR

We stick to this format for this article, where we go over pattern by pattern for the parabolic SAR before concluding with a test run that combines multiple patterns as we did in the last articles. The parabolic SAR is computed almost independently with each new bar, since some of the parameters that go into its formula need to be adjusted, as we will see below. This trait, though, makes it very sensitive to price changes and trends in general, which in turn makes the case for its use within a custom signal class. For this article, we are going to explore 10 separate patterns of this indicator by testing each independently and then concluding, as in the recent articles, with a test run that combines a selection of these patterns.