Forex
Google

Go Back   Forex Trading > Discussion Areas > Documentation
Reload this Page Parabolic SAR
Forex Forum Register FAQ Members List Calendar Search Today's Posts Mark Forums Read


Register in Forex TSD!
Trading Systems Leaders in this forum (automated trading systems) are winning more than 3000 pips in a month (30000$ investing one lot every time).
Click here to register and get more information

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 04-27-2007, 01:21 PM
marcf marcf is offline
Member
  
Join Date: Dec 2006
Posts: 78
marcf is on a distinguished road
Parabolic SAR
an anyone in a nutshell explain the use of the Parabolic SAR? Would I use it to set my stops once in a trade?



Any feedback would be much appreciated....



Thanks..



Marc
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #2 (permalink)  
Old 04-27-2007, 01:28 PM
newdigital newdigital is offline
Administrator
  
Join Date: Sep 2005
Posts: 15,658
newdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud of
Quote:
Originally Posted by marcf
an anyone in a nutshell explain the use of the Parabolic SAR? Would I use it to set my stops once in a trade?



Any feedback would be much appreciated....



Thanks..



Marc
Quote:
Overview

The Parabolic Time/Price System, developed by Welles Wilder,
is used to set trailing price stops and is usually referred
to as the "SAR" (stop-and-reversal).
This indicator is explained thoroughly in Wilder's book,
New Concepts in Technical Trading Systems.

Interpretation

The Parabolic SAR provides excellent exit points.
You should close long positions when the price
falls below the SAR and close short positions
when the price rises above the SAR.

If you are long (i.e., the price is above the SAR),
the SAR will move up every day, regardless of
the direction the price is moving. The amount
the SAR moves up depends on the amount
that prices move.

The Parabolic SAR is plotted as shown in Wilder's book.
Each SAR stop level point is displayed on the day
in which it is in effect. Note that the SAR value
is today's, not tomorrow's stop level.
Wilder, J. Welles. New Concepts in Technical Trading Systems. Greensboro, NC: Trend Research, 1978.
Last edited by newdigital : 06-23-2007 at 01:52 PM.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #3 (permalink)  
Old 04-27-2007, 01:36 PM
marcf marcf is offline
Member
  
Join Date: Dec 2006
Posts: 78
marcf is on a distinguished road
Thanks so much!!

Quote:
Originally Posted by newdigital
Wilder, J. Welles. New Concepts in Technical Trading Systems. Greensboro, NC: Trend Research, 1978.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #4 (permalink)  
Old 04-28-2007, 08:04 PM
kingfox's Avatar
kingfox kingfox is offline
Junior Member
  
Join Date: Apr 2007
Location: GuangZhou
Posts: 11
kingfox is on a distinguished road
Smile
Quote:
Originally Posted by marcf
an anyone in a nutshell explain the use of the Parabolic SAR? Would I use it to set my stops once in a trade?



Any feedback would be much appreciated....



Thanks..



Marc
I think the SAR is a good effect for month period!

paremeter: Step 0.04 Maximum 0.2

I feel this paremeter suit trading! I like to use the SAR in the weekly and month period!

hope will help you!
Last edited by kingfox : 04-28-2007 at 08:07 PM.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #5 (permalink)  
Old 05-11-2007, 11:14 AM
vladv vladv is offline
Member
  
Join Date: Mar 2006
Posts: 77
vladv is on a distinguished road
How do you use it,kingfox?
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply

« Previous Thread | Next Thread »

Thread Tools
Display Modes
Linear Mode Linear Mode

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On
Forum Jump


Similar Threads
Thread Thread Starter Forum Replies Last Post
X-Parabolic Indicator mistico Indicators - Metatrader 4 8 01-08-2008 11:48 AM
Parabolic SAR Modification Tickwatcher Indicators - Metatrader 4 20 10-05-2007 10:39 PM
Parabolic Sar Signal grahagold Indicators - Metatrader 4 4 03-07-2007 02:40 PM
Parabolic nnjeim General Discussion 1 08-27-2006 07:43 PM
Parabolic Sar and MAs EA DAZLER Suggestions for Trading Systems 1 06-30-2006 04:32 AM


All times are GMT. The time now is 08:38 PM.

Contact Us - Forex TSD| Metatrader Indicators and Experts Advisors - Archive - Top