• Registered: 2010-12-26
  • Posts: 38

Topic: Using Parabolic SAR as a closing logic condition, is this possible?

Hello I am new to this wonderful software and this is my first forum post ever, so please advise me if this post is not in the right location or format.

I have been trying to create a strategy in FSB that closes positions based on a MACD signal line cross or when the price touches the Parabilic SAR, whichever occurs first.

Is this possible to achieve?

The parabolic SAR does not seem to be available as  closing logic condition, only a closing point of position which does not allow combination with another logic position.

I have searched other posts but can not find a suitable answer

Thanks
Dave

  • footon
  • footon
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  • Registered: 2009-08-17
  • Posts: 2,301

Re: Using Parabolic SAR as a closing logic condition, is this possible?

Hello Dave,

Your findings are absolutely right unfortunately, you cannot use Macd and Para together. I don't really understand why it is that way, but I think it should be doable to add Para a closeFilter function. I'm not a programmer myself, but regardless of my inability, I tend getting involved in coding  lol

So I tried composing it, it shows up in filters, but no signals are given, I hope I have a clue what's wrong, I'll do my best and if I'll get lucky, I'll post it.

I wish you a prosperous New Year!

  • Registered: 2010-12-26
  • Posts: 38

Re: Using Parabolic SAR as a closing logic condition, is this possible?

Thanks footon, I appreciate any help that can be given with this. Regards David