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Old 04-29-2008, 11:43 AM
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rrram2 rrram2 is offline
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Join Date: Apr 2008
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Default Parabolic SAR

It was funny to see a thread here which was listed right next to this one,
that uses the PSAR as thier only indicagtor it looked like.

I admit I do use PSAR on Esignal charts but I have never really been able to get much from it as to if and where price is reversing. This is again more of a trailing indicator I think. WHile the visual is good for seeing ST trends and channels, it really doesn't help me even as much as a nice doji on ym candlestick charts. And often the PSAR at least for me gives no advance warning of a reversal. Maybe I should read that thread
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