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Wally,
You may go to
http://groups.yahoo.com/group/amibroker/message/38370
http://groups.yahoo.com/group/amibroker/message/38424
for the two alternatives.[I hope enough explained].
I try to introduce variable smoothing to an already useful trend
detector, the DEMA(StochD(40),20).
It has nothing to do with PSAR, it is a stand-alone indicator.
Since it is quite smooth, I use 3-bars peak to signal the change of
the direction.
DT
PS. We will follow a similar procedure, when PSAR will accept
variable parameters, to improove PSAR results.
--- In amibroker@xxxxxxxxxxxxxxx, "netbull2000" <netbull2000@xxxx>
wrote:
> I read in one of the messages here that you came up with some new
> trend indicator that seems to be better than PSAR. Could you please
> point me to your relevant message concerning this indicator. I am
> interested in this as PSAR is about the only indicator I have some
> respect for.
>
> Thanks...
> Wally
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