Parabolic time/price system
Good day all,
Recieved my book recently so just trying to make my way through it and understand it fully. I'm also half way through "Japanese Candlesticks" by S.Nison so it's pretty full on reading at my place at the momement, Anyway, on to the subject in hand.
In section II of the book, the section about PSAR (sorry to talk about this again) it mentions that the SAR point should increase by .02 every day as long as a new high is made. I picked up a chart and went through and calculated the position of the SAR dot and is quite fascinating to see how it all works out.
Great stuff! On to the next section.
|