TSARFunction
Hierarchy Properties Methods Events
Unit
OHLChart
Description
Financial function that calculates trends in OHLC datasource series (Open High Low Close financial data).
Also called Parabolic Stop and Reversal.
Formula used:
Sar(index) = Sar(index-1) + AccelerationFactor * ( Price(index-1) - Sar(index-1) )
Where:
Sar(index-1) is the previous point SAR value.
Acceleration factor is an user-defined constant value.
Price is the highest (or lowest) price for the previous period (High for long and Low for short positions).
For more information follow these links:
http://www.linnsoft.com/tour/techind/sar.htm
http://calderone.eresmas.com/parabolic_sar.htm
http://es.biz.yahoo.com/edu/tech/osciladores1014.html
http://www.trade10.com/parabolic_s&r.htm
http://www.market-analyst.com/kb/article.php/Parabolic_Stop_and_Reverse/
http://www.incrediblecharts.com/technical/parabolic_sar_construction.htm
http://trader.online.pl/
http://www.amibroker.com/library/formula.php?id=242
http://www.amibroker.com/library/formula.php?id=241
