US30 PSAR+EMA 简单策略 (US30 PSAR+EMA Simple Strategy)

There are a ton of YouTube videos and strategies using Parabolic SAR. Since I only trade US30 I combined the indicator with EMA100, and tested couple of time-frames. I've been testing this strategy on live markets through London and New York session for a while now.

This strategy shows good potential but is not absolute, and can definitely be improved. Also, it can easily be converted into EA. I'm sure someone here will pick this up

I decided to share this strategy to give something back, maybe help beginners with something simple, and, hopefully, if it makes money we could all do something good and help feed more families (more about this later on).

Step-By-Step

Goal:
- 50pips/day
- Get out of the market as soon as possible.

TradingView - I'm using TradingView because I like the specific PSAR indicator with Buy/Sell labels.
US30
Time-frame: 1m


Indicators

1. Moving Average Exponential
- Inputs: Change the length to 100.
- Style: Pick any colour

Attached Image (click to enlarge)

2. Parabolic SAR by everget
- Leave the settings as they are.
- Style: Change the colours as you like

Attached Image (click to enlarge)

Rules
Daily target: 50 pips.

Get out of market:
- IF you reach +50 pips. Dont overtrade! There will always be another opportunity the next day.
- IF you get 4 losses in a row, OR -100pips

Take profit: 50pips
Stop-loss: 25pips
Break-even: 30-40pips

Buy
1. Price is ABOVE EMA100.
2. Once a BUY signal appears, draw a line on the last Sell dot SAR indicator created.
3. Wait for the candle to close ABOVE the line
4. Enter the trade on the next candle > TP=50pips; SL=25pips

Sell
1. Price is BELOW EMA100.
2. Once a SELL signal appears, draw a line on the last Buy dot SAR indicator created.
3. Wait for the candle to close BELOW the line
4. Enter the trade on the next candle > TP=50pips; SL=25pips

Other

1. This strategy can be traded in LDN or NY session.
2. BEST time to trade this strategy is after 1pm London time.
3. IF there are news at 1:30pm - Wait for them to finish before you start!
4. IF there are important news that day, the market will range, especially in LDN session.
5. No big candles entries especially after NY open.

We will be trading only after 1pm London time, since based on my backtesting it showed the best results for now.

Examples of entries

Below are examples of entries for the last two weeks.

Jul 4 = 50 pips
No. of trades: 2 (1 BE, 1 Win)

Jul 5 = 50 pips
No. of trades: 1 (Win)

Explanation

Enter the trade when:

1. Price is BELOW EMA100 - ONLY looking for SELL signals.
2. Once SELL signal appears, draw a line on the last Buy dot SAR indicator created.
3. Wait for the candle to close BELOW the line
4. Enter the trade on the next candle > TP=50pips; SL=25pips

INVALID SIGNAL:

1. There was a Sell signal before the signal described above one.
2. It counts as invalid because there was no candle closing below the last Buy dot.
3. WAIT for pullback (next Buy signal), and enter when all the conditions are met.

Jul 6 = 75 pips
No. of trades: 3 (1 Loss, 2 Win)



Jul 7 = 50 pips
No. of trades: 1 (Win)
Important news at 13:30 - Our first trade is opened after that time.



Jul 8 = 50 pips
No. of trades: 1 (Win)
Important news at 13:30 - Our first trade is opened after that time.



Weekly results