Combining Parabolic SAR and SuperTrend for Trade Signals

Summary

Super SAR combines Parabolic SAR direction changes with SuperTrend confirmation. Green or red arrows indicate a potential entry when SAR changes position and SuperTrend agrees. A gray arrow marks an SAR direction change without SuperTrend confirmation, signaling that a trader should avoid a new entry or consider closing an existing position.

The indicator has settings for SAR step and maximum, ATR period and SuperTrend multiplier, plus options to show SAR and to enable Swing behavior. With Swing enabled, arrows appear only when both criteria are met and the previous signal direction is considered. The document explains the signal logic and settings but gives no rules for position sizing, exits beyond the gray-arrow guidance, or empirical performance results.

Key ideas

• The indicator combines Parabolic SAR changes with SuperTrend confirmation.
• Confirmed direction changes produce potential entry arrows.
• Unconfirmed SAR changes produce gray arrows that advise against entry or suggest closing.
• Swing mode filters arrows using both criteria and the previous signal direction.
• The description provides no backtest or performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.