Parabolic SAR and ADX#

Here is the strategy name: Parabolic SAR and ADX Trend-Following Strategy

Strategy Details#

Here are the strategy details from ChatGPT:

Note

  • Apply the Parabolic SAR indicator to identify the direction of the trend (bullish or bearish).

  • Confirm the strength of the trend using the Average Directional Index (ADX) indicator.

  • Enter a long trade when the Parabolic SAR is below the price and the ADX indicator shows a strong bullish trend.

  • Enter a short trade when the Parabolic SAR is above the price and the ADX indicator shows a strong bearish trend.

Sample Signal Points#

Parabolic SAR and ADX Points

Results#

Parabolic SAR and ADX Results

Source Code#

Here is the link to the source code for this zeta-zetra/code.