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TSARFunction
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Unit
TeeSAR

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:

    • \*\pn
      \pnindent\pntxtb
    \fi-200\liSar(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


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