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