SAR

SAR

Category

Description

Wilder's Parabolic Stop And Reverse

Syntax

SAR(accel {0.02}, max {0.2}, len {100})

Parameters

accel {0.02} - initial acceleration factor

max {0.2} - maximum acceleration factor

len {100} - number of bars to use in the calculation

Notes

Implements the Parabolic Time/Price System as an indicator function for use in trading strategies.

The standard SAR is calculated using price highs and lows.

To calculate SAR using a single non-standard value series, use SarF.

Examples

ExitStop: SAR()

Uses default parameters (accel=0.02, max=0.2, len=100).

ExitStop: SAR(0.01, 0.1)

Custom acceleration and maximum for a tighter trailing stop.