Excuse the complete noob question, I'm a total novice at coding and software.
I'd like to use the Parabolic SAR as an automatic exit to my trades (I will enter manually) but am unsure what I need to do to accomplish that?
I know the indicator included with MC doesn't have that function and there's no SAR option in the Exit/Trailing strategies so do I need to get a custom advisor or something coded for this?
To clarify I am just looking to have my stop order moved up with each new SAR calculation.
Any help is much appreciated.
Setting exits using Parabolic SAR...?
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Re: Setting exits using Parabolic SAR...?
There's some supplied exit signals in MC.Net called Parabolic_m_Trail_LX/SX. I've just placed them on a 15 min chart with the Parabolic SAR and the default setting seems to match. Could these be what you're looking for?
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- Posts: 95
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Re: Setting exits using Parabolic SAR...?
Thanks darob it quite possibly is exactly what I'm looking for!There's some supplied exit signals in MC.Net called Parabolic_m_Trail_LX/SX. I've just placed them on a 15 min chart with the Parabolic SAR and the default setting seems to match. Could these be what you're looking for?
I haven't any experience using the MC signals so will look into it and see if I can get it to work with my strategy...
Thanks again