Supertrend-Parabolic Stop and Reversal Strategy(PSAR) Strategy

When the Supertrend closes below the Price, a Buy signal may be generated, and when the Supertrend closes above the Price, a Sell signal can be generated.

BUY : When current close crossed above PSAR and current close greater than supertrend and EMA 9 period is greater than EMA 21 period.

SELL : When current close is less than PSAR and current close is less than supertrend and EMA 15 period crossed above ema 9 period.

BUY{
set ma1 = EMA(CLOSE,9);
set ma2 = EMA(CLOSE,21);
set st = SUPERTREND(10,2,SIMPLE); 
set ps = PSAR(0.2,0.02); 
CROSSOVER(CLOSE,ps) and CLOSE > st and ma1 > ma2;}
LONGEXIT{
set ma1 = EMA(CLOSE,9);
set ma2 = EMA(CLOSE,15);
set st = SUPERTREND(10,2,SIMPLE); 
set ps = PSAR(0.2,0.02); 
ps > CLOSE and CLOSE < st and CROSSOVER(ma2,ma1);}

This slideshow requires JavaScript.

Advertisements

Stochastic Momentum Index(SMI)-Parabolic Stop and Reversal(PSAR) Strategy

SMI shows where the close is relative to the midpoint of the same range.PSAR trails price as the trend extends over time. The indicator is below prices when prices are rising and above prices when prices are falling.

BUY : When current close crossed above PSAR and SMI %K LINE crossed above %D line and EMA 9 period is greater than EMA 21 period.

SELL : When current close crossed below PSAR and SMI %K LINE crossed above %D line and EMA 9 period is greater than EMA 21 period.

BUY{
set ma1 = EMA(CLOSE,9);
set ma2 = EMA(CLOSE,15);
set smik = SMIK(14,2,3,9,SIMPLE,SIMPLE) ;
set smid = SMId(14,2,3,9,SIMPLE,SIMPLE) ;
CROSSOVER(CLOSE,PSAR(0.2,0.02)) and CROSSOVER(smik,smid) and ma1 > ma2;}
LONGEXIT{
set ma1 = EMA(CLOSE,9);
set ma2 = EMA(CLOSE,15);
set smik = SMIK(14,2,3,9,SIMPLE,SIMPLE) ;
set smid = SMId(14,2,3,9,SIMPLE,SIMPLE) ;
CROSSOVER(PSAR(0.2,0.02),CLOSE) or CROSSOVER(smid,smik) and ma1 < ma2;}

This slideshow requires JavaScript.