Parabolic SAR Video: How to Trade It Based on Data
Research Performed With TrendSpider
I conducted a comprehensive backtest on seven Parabolic SAR trading setups, ranging from 1-minute to daily charts, across the DJ30 stocks over 12 years. This amounted to over 2,880 years of testing data. On conventional charts, the PSAR is not a profitable trading indicator. However, I did uncover the most lucrative PSAR configuration.
Using TrendSpider’s advanced backtesting engine, I performed a detailed scientific analysis of its accuracy, optimal settings, and success rates.
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Read the full article here: Proven Parabolic SAR Strategies.