Dual Parabolic SAR Signals with ATR Stops and Trade Management

Summary

This document outlines a semi-automated intraday trend strategy built from two Parabolic SAR settings. The slower indicator supplies the directional entry signal, while the faster one determines the exit level. Positions are also closed when an opposite signal appears, so the method combines trend direction with a responsive exit rule.

Risk and trade handling are configurable: the system offers an ATR-based initial stop, optional ATR trailing stop, money management, partial profit taking, break-even adjustment, and trading-hour controls. The stated defaults include an initial stop based on ATR(30) multiplied by 2.5 and a 2% risk setting. These are product settings rather than evidence that the strategy is profitable. The document gives no backtest, market-specific results, or guidance on parameter selection, and its claims about suitability for intraday use should be evaluated independently.

Key ideas

• The slower Parabolic SAR setting determines the trade direction.
• A faster Parabolic SAR setting supplies the exit level.
• Opposite signals close open trades.
• ATR-based initial and optional trailing stops provide configurable risk controls.
• The description gives product features but no backtest or evidence of profitability.

Tags

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