Parabolic SAR on the 1 hr

Trading Discussion
#1

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.

#2

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.

#3

Fascinating. If you have the time and inclination I’d love to hear more. :slight_smile: