The generation and compression of parabolic similariton pulses are investigated numerically,and a novel method of generating high-energy femtosecond pulses is obtained.The results show that the high-energy parabolic pulses with linear chirp can be obtained by propagating of pulses inside the Erbium-doped fibers.Employing the linear compression with hollow core photonic bandgap fibers in the first stage and the nonlinear compression with highly nonlinear fiber in the second stage,the parabolic similariton pulse can be compressed into a femtosecond pulse with high peak power.There is an optimum fiber length for the pulse compression,and the Raman self-frequency shift and the self-steepening effects are disadvantageous for pulse compression.