Posted by admin | Posted in archery | Posted on 23-07-2010
Tags: antenna, bitácora_de_navegación_por_la_red, diy, howto, wireless
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Is Parabolic SAR the best indicator for monitoring Nifty/Stock future movements ?
By religiously following the red and green dots in the Parabolic SAR chart, can one successfully follow the Nifty or any stock for near assured profits?
Pl. tell me along with SAR which TECHNICAL tools help to trade better ?
The short answer: No.
A successful trading system needs three elements:
- The Entry set-up
- A stop (more general, rules on when to exit the trade)
- Money management rules (how much to risk on a trade, when to pyramid,...)
The SAR only provides a stop.
Dandelin's construction: Parabolic intersection