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Registered User
Joined: 12/30/2004
Posts: 10
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Dear Doug ,
in spite of using tc-2000 for about 6 years i still not
able to plot parabolic SAR.is there any way you can help me. my main
interest is to use this as STOP LOSS technique.
i definately justify my self named nickname " dum doctor " in these kind of topics. of course i am good at medical facts
and formulas.
if this is a general topic which may interest to broad
range of your subscriber you may ask don / peter to comment also
please don't disappoint me
pravin gadani md
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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There is no way to plot a parabolic SAR in TeleChart. In order to do this you would need the ability to start the calculation on a specific date (the date of the trade). There is no way to do this in the program.
- Craig
Here to Help!
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Registered User
Joined: 10/7/2004
Posts: 799
Location: Duluth, GA
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I've just posted a general explanation of how to deal with Trailing Stop applications in TC:
Trailing-Stop Applications in TC
Wilder's Parabolic formulae can be adapted to this structure. I'm confident that Bruce, Craig or Doug can come up with the appropriate formulae, given this method as a starting point.
I've used this effectively for a truly robust system of Stops for several years. It's easier to use now, since TC2005's counting of days in the trade excludes weekends.
Jim Dean
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