ISARFunction
Hierarchy Properties
Type Library
TeeChartx
Description
Financial function that calculates trends in OHLC datasource series (Open High Low Close financial data).
Also called Parabolic Stop and Reversal.
Formula used:
Sar(index) = Sar(index-1) + AccelerationFactor * ( Price(index-1) - Sar(index-1) )
Where:
Sar(index-1) is the previous point SAR value.
Acceleration factor is an user-defined constant value.
Price is the highest (or lowest) price for the previous period (High for long and Low for short positions).
For more information follow these links:
http://www.linnsoft.com/tour/techind/sar.htm
http://calderone.eresmas.com/parabolic_sar.htm
http://es.biz.yahoo.com/edu/tech/osciladores1014.html
http://www.trade10.com/parabolic_s&r.htm
http://www.market-analyst.com/kb/article.php/Parabolic_Stop_and_Reverse/
http://www.incrediblecharts.com/technical/parabolic_sar_construction.htm
http://trader.online.pl/
http://www.amibroker.com/library/formula.php?id=242
http://www.amibroker.com/library/formula.php?id=241