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?
I don’t have access to my platform at this time as I am on my mobile. It is my understanding that this forum is intended to be educational and supportive. It occurs to me that it requires just as little energy to actually answer the question as it does to berate it’s asker.
I don’t believe that the new SAR Dot just appears at any random time throughout the day. What I was asking is does the SAR dot on the daily charts appear simultaneously with the end of the previous daily candle (and thus the beginning of the new day’s candle), or does it appear some time after. If the latter is the case, how long does this usually take??
I would simply test this myself if I were able to at the moment, but I am not. I am trying to visualize the entry and the timeframe which it occurs so that I know whether this sytem fits my schedule and style.
Any helpful information would be most appreciated.
I don’t have access to my platform at this time as I am on my mobile. It is my understanding that this forum is intended to be educational and supportive. It occurs to me that it requires just as little energy to actually answer the question as it does to berate it’s asker.
I don’t believe that the new SAR Dot just appears at any random time throughout the day. What I was asking is does the SAR dot on the daily charts appear simultaneously with the end of the previous daily candle (and thus the beginning of the new day’s candle), or does it appear some time after. If the latter is the case, how long does this usually take??
I would simply test this myself if I were able to at the moment, but I am not. I am trying to visualize the entry and the timeframe which it occurs so that I know whether this sytem fits my schedule and style.
Any helpful information would be most appreciated.
The new dot appears at the open of a new candlestick or bar and the time that this happens depends on where your broker is situated. On the daily charts it will always be at 00h00 (midnight) at your broker.
Please don’t anyone else continue to ask questions about Parabolic SAR on this thread i.e. there is not an answer to any question that you can think of to ask which has NOT been covered in the ‘Parabolic SAR - that’s all!!!’ thread I assure you.