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Strategies & Market Trends : Technical Analysis - Beginners

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To: TechTrader42 who wrote (11120)	1/30/2001 11:10:00 PM
From: Michael Watkins	Read Replies (2) of 12039

Something for everyone For Brookelise, ok I'm not familiar with Parabolic SAR other than the canned info I've read. I'm really not a fan of binary systems - either long or short and always in, and my uneducated glance at SAR makes it seem that its binary alright, unless other rules or filters are applied. Are you suggesting that SAR can be used for trend or trend strength detection? I doubt you are suggesting that but if so would love to hear details if you have time. Plotted on following chart. intelligentspeculator.com MechanicalMethod, chart also has ADX plotted both ways, with that extra 'if' in and out.Red is unaltered, blue is modified. you can see its impact on the indicator drops out pretty quickly. Some may prefer it out. Maybe ADX 'Classic' in TS is like that, I haven't looked. Michael

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