Parabolic Signal

para_sig

Function Name: para_sig

Tags: SAR

Category: Trend

The Parabolic Stop and Reversal is based on the relationship between a market's price and time, and plots a series of trailing stops. The Parabolic Stop and Reversal indicator is used to determine when to stop and reverse your position (SAR) in a market utilizing time/price-based stops. Once a Parabolic SAR is reached, the current position is exited and a new position in the opposite direction is taken. This indicator is primarily used in trending markets and is based on always having a position in the market. This indicator helps to determine stop points and when you might reverse a position and trade the opposite direction.

 

Link:       http://www.investopedia.com/terms/p/parabolicindicator.asp

 

Parameters

Period

 

Default Value: 14  |  Minimum: 1  |  Maximum: 9999

 

Type: Numeric

fAccFactor

 

Default Value: 0.02  |  Minimum: 0  |  Maximum: 1

 

Type: Numeric

fAcceleration

 

Default Value: 0.2  |  Minimum: 0  |  Maximum: 1

 

Type: Numeric

ShowTraderBar

 

Default Value: 0

 

Type: Boolean

ShowTraderMark

 

Default Value: -1

 

Type: Boolean

ShowEachOccurence

 

Default Value: 0

 

Type: Boolean

UseBullishSignals

 

Default Value: -1

 

Type: Boolean

UseBearishSignals

 

Default Value: -1

 

Type: Boolean