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Re: [amibroker] What do you think of parabolic sar ?



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Derek,

I've tried to implement the Parabolic Stops, since 1978 when Welles
published it in his book, and haven't had good luck (actually no luck is
involved). Save your time and effort and look for better protection using
something else. Unless someone can present evidence that this "protection"
is indeed a profit/loss capital preserver...give it a pass.

Take care,

Steve
----- Original Message -----
From: dereklebrun <benitier@xxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Wednesday, April 24, 2002 10:37 AM
Subject: [amibroker] What do you think of parabolic sar ?


> Hi,
> I just discovered parabolic Sar with amibroker, and it sounds to good
> to be true.
> As a trend trader, I pick up stocks in strong trend, with strong
> fundamentals in strong industries and try to jump in at the best
> moment, like on pullbacks.
>
> Is the use of parabolic Sar good for trend followers ?
> Please share your opinions about it.
>
> I didn't tried it yet, but really like how it deals with trailing
> stops which is a complicated thing I must deal up to now.
>
> Thanks,
> Derek
>
>
>
>
>
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>
>