Williams %R, PSAR Crossover | Scalping | Forex Factory | Tested 100 Times
Loses money
No edge after realistic trading costs
- trades tested
- 4,289
- per trade after costs
- -1.99bp
- winners
- 33%
- years of data
- 14.7
EURUSD 15m: buy when the Parabolic SAR flips to a buy signal while price is above the 200 EMA and Williams %R(14) is above its -50 midline; sell on a SAR sell flip below the 200 EMA with %R below -50. Stop beyond the last swing low/high, target 2R.
The exact rules we tested
- 01Instrument: EURUSD | Signal timeframe: 15m | Direction: both
- 02LONG when: [psar < close] just became true this bar
- 03SHORT when: [psar > close] just became true this bar
- 04Long filter: (close > ema200) AND (wr.k > 50)
- 05Short filter: (close < ema200) AND (wr.k < 50)
- 06Entry: market at next bar open
- 07Stop: last swing (strength 3) +/- 1bp
- 08Target: 2.0R (risk-multiple of stop)