TTR (version 0.13-1)

SAR: Parabolic Stop-and-Reverse

Description

The Parabolic Stop-and-Reverse calculates a trailing stop. Developed by J. Welles Wilder.

Usage

SAR(HL, accel = c(0.02, 0.2))

Arguments

HL

Object able to be coerced to a matrix, which contains High-Low prices.

accel

accel[1]: Acceleration factor.\craccel[2]: Maximum acceleration factor.

Value

• A vector containing the Parabolic Stop and Reverse values.

Details

The calculation for the SAR is quite complex. See the URLs in the references section for calculation notes. The SAR assumes that you are always in the market, and calculates the Stop And Reverse point when you would close a long position and open a short position or vice versa.

References

The following site(s) were used to code/document this indicator: http://www.linnsoft.com/tour/techind/sar.htm http://www.fmlabs.com/reference/SAR.htm

See Also

See ATR and ADX, which were also developed by Welles Wilder.

Examples

data(ttrc)
  sar <- SAR(ttrc[,c("High","Low")])