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Parabolic is indeed a great predictor of turning points
All
I use a custom redesigned parabolic sar i call Kasa to predict turning points. I basically was able to stay clear of most noises, and take signals during active trading hours when the market is likely to make a sustained move. its also great for the indexes
I hope to develope this into EA and this EA could have been a perfect starting point if the owner shared source codes -
See attached graph for kasa turning points
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