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MACD/PSAR

dpfuller's picture
Hi Phil, Great site, can't believe it took me so long to sign up :doh: . I've picked up more insight into the workings of the market in the last few weeks than I have done over the last couple of years - thank you so much. I've watched most of the video tutorials and initially was determined to avoid all use of indicators - focussing solely on price action. However having watched the MACD/PSAR video i've changed my mind and will look to combine this with price action. I've actually found that since having these indicators on my screen I am able to focus more on price action - spotting early entries before the MACD/PSAR flags it. Strange how the mind works - not sure if it's a comfort factor having an indicator in place but this approach certainly works for me - albeit demo trading at the moment. Can you please clarify where entry should be after a pullback using the MACD/PSAR strategy? Ie: for a long is it above the high of the pullback bar or above the high of the bar that triggered the PSAR switch after a pullback has occurred? Also do you consider a signal void if entry has not occurred within a certain number of bars? Thanks for your time and happy trading David