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Old 09-05-2007, 12:04 PM
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Join Date: Jul 2007
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Question Parabolic SAR on the 1 hr

I am curious about the Parabolic SAR on the 1 hr chart.

Does anyone know if it appears...

... right on the hour?
... sometime during the hour once a certain point is reached?
... at some point and then it goes from top to bottom until it settles at the end of the hour?

I am considering using the Parabolic SAR on the 1 hr chart as an additional confirmation tool.
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Old 09-05-2007, 10:22 PM
 

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The points that the sar makes is made at the close of the session. The sar is designed to tell you where to place your stops. To use it as a trend indicator takes a whole nother view.
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Old 09-05-2007, 11:30 PM
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Fascinating. If you have the time and inclination I'd love to hear more.
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