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TA Challenge: How to use the SAR to spot reversal signals?
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Sar indicator with RSI, 8 Ema, and SQJ indicators (30 min chart) (the none copy and paste version)

Below is a chart of Spy for July 5th, do you see what I see?
Sar indicator with RSI, 8 Ema, and SQJ indicators (30 min chart) (the none copy and paste version)
First check out where the RSI blue line went below 30 which means over sold on the first bar after the regular trading hours started. This would be a good time to buy shares or options. Finding which option to buy call options is another story but,  price on Spy was around 373, yes it did go lower to 272.91 but .09 off isn't bad.
Now look how the RSI indicators red line crossed over the blue line. This is a bullish cross over, it occurs right before the price starts to reverse to the upside. This would be a good time to add to your position you already started at roughly the same price around 373.
So you would have bought again on the bottom of the bar with a pink 1 under it.
now look at the next green bar under the pink 2, below the bar the SAR indicator has a white dot. This is another time to add to your position, if you wanted to.  You could have bought any time on that bar and made profit but thanks to that RSI indicator your already in at a lower price.
Using the SQJZ indicator you know there is a pretty good chance it will continue to rise until it gets to 9 so adding more at the little pink 2 or SAR turning white is a great way to see the price will continue to rise.
So at this point you should have started a position at 373 with RSI blue line, added around 373 RSI blue line crossed red line, and added again when SAR turned white and SQZJ indicator was at 2.
Now we sit and wait, but what's up with that red line on the main chart? That's the 8 Ema, I bring this up because we danced on that line for a few bars, but each low is higher than the last and eventually we break above it and price continues to rise for the rest of the day.
Now your asking how do I know when to sell. Well that's easy wait for the SQZJ indicator to get to 9 then sell.

You just traded Spy from 373, almost the low of day to anywhere from around 381 to 382 which would have been the high of day. That's a 8 or 9 dollar move.

Have questions for me, just comment and let me know.

Did this help you? Please comment and let me know how I did.

Also I want to say that this doesn't always work but any time your day trading you need to watch the chart and be ready to do whatever needs done.
I advise you too try indicators you like and get comfortable using them.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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