Parabolic SAR (Stop and Reverse) ind

So this is a very powerfull indicator to set stop losses, determine good exit and entry points in trending market.....i see some questions appear so hope u find the answers,...i did, its nothing but one of many...

thats what they say...
http://en.wikipedia.org/wiki/Parabolic_SAR

http://www.chartfilter.com/reports/c31.htm

Wilder recommended establishing the trend first, and then trading with Parabolic SAR in the direction of the trend. If the trend is up, buy when the indicator moves below the price. If the trend is down, sell when the indicator moves above the price.

This is probably the easiest indicator to interpret because it assumes that the price is either going up or down. With that said, this tool is best used in markets that are trending, and that have long rallies and downturns.

also quote....

Well as no one else has answered.

It's one of the few indicators I've tried to use, i've messed around with Experts using to.

But I keep turning it off as I don't / Can't use it real time.

I'm better off with a selection of SMA's and a Envelope or 3 for ranges personally.


It looks better than it actually works sadly.

It works extremely well if you mix it with the use of S&R lines.

I make 10 to 100 pips per day using it.

Do you use ADX with the SAR to filter out whipsaws?

you mean sorta like this..........

http://img237.imageshack.us/img237/8...enshot2qo7.png

Hmmm looks better on the 30min charts, as a trade in trend indicator mainly.

I just use a parabolic with support and resistance lines.

I also take note of candle formations.

1. only trade it on the 30 min or higher charts - the higher the better
2. add stoch @ setting 14`3`3
3. only trade with the trend
you can do that by checking
the stoch on the day chart make sure you are trading the same way
you will find it works very well ...

also..you get out when the stochs cross not the sar change