Timing Question for Paraolic SAR System

Beginner Questions
1

I have a quick question regarding the "Parabolic SAR and That’s all system."
It is my understanding that the entry is placed when the new SAR Dot appears on the daily charts. At about what time does this occur for the major pairs?? Also, does the dot appear simultaneously with the formation of the new daily candle or does it lag behind it?

Any feedback on this would be most appreciated.

Thanks.

Anton

2

At about what time does this occur for the major pairs??

That depends on the market conditions, among other things. You might as well ask what tomorrow’s market trends will be. :slight_smile:

Also, does the dot appear simultaneously with the formation of the new daily candle or does it lag behind it?

ALL indicators on the chart, all chart studies - everything, including the PSAR dots - are based on historical data. That means you will never have “real time” information and there will always be some lag. The dot appears a little bit AFTER the candle closes, at least on all the platforms I’ve tried.

The “PSAR Only” system is not very well thought out since a “Stop and Reversal” can occur many times throughout the trading session, and for various reasons. You at least want 2 or 3 indicators so that you can verify trends. Check out the “icycloud” system, which is similar and better than the PSAR only. It’s just as easy to use.