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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Judy who wrote (24696)	6/3/1999 4:35:00 PM
From: The Perfect Hedge	Read Replies (1) \| Respond to of 44573

judy... looking at the chart again on cmgi...we might fill the gap at 79-ish... B*

To: Judy who wrote (24696)	6/3/1999 4:40:00 PM
From: peter n matzke	Read Replies (2) \| Respond to of 44573

The Parabolic SAR is designed to allow more tolerance for contra trend price fluctuation early in a new trade, then to progressively tighten a protective trailing stop order as the trend matures. To do this it employs a series of progressively shorter, exponential moving averages each period that price moves to a new extreme in the expected trend direction. Parabolic SAR should always be plotted over the price plot, sharing the vertical scale. It is best used as a stop setting technique. In other words, it is used to prevent loss because of a failed exit signal from another indicator. You should consider exiting a long position if the price falls below the Parabolic SAR. You should consider closing short positions if the price goes above the Parabolic SAR. text from WOW

To: Judy who wrote (24696)	6/3/1999 9:47:00 PM
From: Skipperr	Respond to of 44573

Hi Judy, Regarding "parabolic sar", of course the parameters will vary with the tradeable, the time frame, and the volatility. With Metastock, I believe that it is left up to you to find the best-fit parameters. I believe there is an optimization feature that you can use. Additionally, here are two other references: 1) Robert Krause's "Fibonacci Trader" which includes advanced variations of the Parabolic SAR: fibonaccitrader.com 2) Dennis Meyers' "Five Parameter Parabolic with Noise Channel Breakout": meyersanalytics.com Good luck with these. And, Please, if you find some useful parameters, Please, Please, Please, let us all know!!! :-) Best regards, Skipperr