150# Combo Strategy, Stochastic with Stochastic Rsi
Combo Strategy filtered by Parabolic Sar
Combo Winning Strategy
Submit byAlexander
The basic algorithm of this strategy and of HPotter programmer of the TradigView community, I have chosen this algorithm as a basis because it has often shown to have a profit factor> 1, therefore positive. The idea is to improve this algorithm with a fast trend filter in order to eliminate possible entries against the short trend that often close in negative.
This is a winning strategy. The filter of the Parabolic Sar at high timeframes generally also ensures high profitability.
Setup Strategy
Strategy for TradingView platform.
Time Frame 1H or higher.
Currency pairs:any also Gold, Indices and Crypto.
TradingView algorithm
Combo Backtest 123 Reversal & Stochastic RSI
Parabolic Sar (defaut setting).
Trading rules Combo Strategy, Stochastic with Stochastic Rsi
Trades only in the direction of the Parabolic Sar.
Buy
Parabolic Sar line below the candles.
Buy arrow of Stochastic RSI.
Sell
Parabolic Sar line above the candles.
Sell arrow of Stochastic RSI.
Exit position
Place initial Stop loss below/above the previous swing High/Low.
Exit at the signal exit or with fast profit target with ratio stop loss 1:1.1.
Examples of trades.