This strategy is true when the PARABOLICSAR return value is larger than your buy or sell value when using a positive value.
Or smaller than your value when using a negative buy or sell value.
By default the indicator value returned by Pt is the % that price is above/below the indicator
Use Tradingview to visualize this indicator.
View on TradingView
# Buy when PARABOLICSAR is showing an uptrend.
DEFAULT_A_buy_strategy = PARABOLICSAR
DEFAULT_A_buy_value = 0.01
# Sell when PARABOLICSAR is showing a downtrend.
DEFAULT_A_sell_strategy = PARABOLICSAR
DEFAULT_A_sell_value = -0.01
# Buy when PARABOLICSAR is showing an uptrend.
DEFAULT_DCA_A_buy_strategy = PARABOLICSAR
DEFAULT_DCA_A_buy_value = 0.01
# Sell when PARABOLICSAR is showing a downtrend.
DEFAULT_DCA_A_sell_strategy = PARABOLICSAR
DEFAULT_DCA_A_sell_value = -0.01
# 1 hour candle / timeframe
PARABOLICSAR_candle_period = 3600
PARABOLICSAR_start = 0.02
PARABOLICSAR_increment = 0.02
PARABOLICSAR_max = 0.2