This is the first bounce after dropping from 110 to 65. You really think that means the downtrend is over?
no it hit 65 before that also. that was the 2nd time.
Topic: TIME TO BUY! Parabolic SAR just flipped the side - page 2. (Read 7147 times)
no it hit 65 before that also. that was the 2nd time.
Mars, April and May last year.
Anyone said Mars? I though we are going to da Moon...
Kupsi is french?
LOL, Norwegian
Mars, April and May last year.
Anyone said Mars? I though we are going to da Moon...
Kupsi is french?
Mars, April and May last year.
Anyone said Mars? I though we are going to da Moon...
When has Bitcoin ever had a sideways market, except on like the hourly chart or something?
it was crazy stable at 5$ for like 3 or 4 months
but that was because pirate40 was keeping prices low, as he sold other people's bitcoins.
When was that?
Mars, April and May last year.
When has Bitcoin ever had a sideways market, except on like the hourly chart or something?
it was crazy stable at 5$ for like 3 or 4 months
but that was because pirate40 was keeping prices low, as he sold other people's bitcoins.
When was that?
When has Bitcoin ever had a sideways market, except on like the hourly chart or something?
it was crazy stable at 5$ for like 3 or 4 months
but that was because pirate40 was keeping prices low, as he sold other people's bitcoins.
When has Bitcoin ever had a sideways market, except on like the hourly chart or something?
You'll know before it flips that it's about to flip. Notice how the candle nearly or just touches the dot before flipping? We are quite a ways away from it right now. We would have to drop $20+ to make it flip.
PSAR also produces many false signals. It is useful for trending markets but not for prolonged periods of sideways movement.
I would never use PSAR as the only indicator.
But I'm not trading Bitcoin at all. Just sayin'.
ya.ya.yo!
I would never use PSAR as the only indicator.
But I'm not trading Bitcoin at all. Just sayin'.
ya.ya.yo!
willpower v my complacency in ignorance hmmm
I'll just wait til i install an SSD on this laptop so i can run a VM of windows and run sierra chart. i think i can do custom indicators in there
I'll just wait til i install an SSD on this laptop so i can run a VM of windows and run sierra chart. i think i can do custom indicators in there
oh sorry, i didn't read your last sentence of that message haha
You could try calculating it out manually if you have too much time.
AO = SMA(median price, 5)-SMA(median price, 34)
AC = AO-SMA(AO, 5)
oh sorry, i didn't read your last sentence of that message haha
IMO parabolic sar has good open-position signals, but not very good close-position signals. The closes are always tremendously late. Its better to use something like the AC to filter. When AC and SAR both agree, then trade. When the AC starts indicating the opposite for at least 2 bars (I usually do it on the first bar just to be safe) close position.
Been working fairly OK (at least, by my standards) on the EUR/USD, no idea how it'd look on BTC/USD.
Been working fairly OK (at least, by my standards) on the EUR/USD, no idea how it'd look on BTC/USD.
how do i use this indicator on bitcoin?
I really dont know. There should be some way of importing BTC/USD into metatrader, but as far as I know there really isnt.
IMO parabolic sar has good open-position signals, but not very good close-position signals. The closes are always tremendously late. Its better to use something like the AC to filter. When AC and SAR both agree, then trade. When the AC starts indicating the opposite for at least 2 bars (I usually do it on the first bar just to be safe) close position.
Been working fairly OK (at least, by my standards) on the EUR/USD, no idea how it'd look on BTC/USD.
Been working fairly OK (at least, by my standards) on the EUR/USD, no idea how it'd look on BTC/USD.
how do i use this indicator on bitcoin?
IMO parabolic sar has good open-position signals, but not very good close-position signals. The closes are always tremendously late. Its better to use something like the AC to filter. When AC and SAR both agree, then trade. When the AC starts indicating the opposite for at least 2 bars (I usually do it on the first bar just to be safe) close position.
Been working fairly OK (at least, by my standards) on the EUR/USD, no idea how it'd look on BTC/USD.
Been working fairly OK (at least, by my standards) on the EUR/USD, no idea how it'd look on BTC/USD.
Interesting metric indeed, the Wikipedia describes it well.
Thumbs up to OP for spotting the reversal
Thumbs up to OP for spotting the reversal
wow what a cool indicator
Perhaps? just to risk off for a bit? but i will wait until the PSAR actually flips
Because this thread got quite a few pSAR haters, I'm making this final post to rest my case . Call me necromancer if you want, I think they are the coolest mage-type character class anyway. However, to speculate a little bit further, would it make sense to sell soon because we've been on a relatively long uptrend for a while now and the pSAR could soon flip again as it normally does?
. Call me necromancer if you want, I think they are the coolest mage-type character class anyway. However, to speculate a little bit further, would it make sense to sell soon because we've been on a relatively long uptrend for a while now and the pSAR could soon flip again as it normally does?Perhaps? just to risk off for a bit? but i will wait until the PSAR actually flips
Because this thread got quite a few pSAR haters, I'm making this final post to rest my case . Call me necromancer if you want, I think they are the coolest mage-type character class anyway. However, to speculate a little bit further, would it make sense to sell soon because we've been on a relatively long uptrend for a while now and the pSAR could soon flip again as it normally does?
. Call me necromancer if you want, I think they are the coolest mage-type character class anyway. However, to speculate a little bit further, would it make sense to sell soon because we've been on a relatively long uptrend for a while now and the pSAR could soon flip again as it normally does? Jump to: