• Registered: 2008-02-21
  • Posts: 1

Topic: Parabolic SAR

Where did you get your parabolic SAR code from? It gives diffirent results than MT4 psar indicator.

  • Popov
  • Popov
  • Lead Developer
  • Offline
  • From: Bulgaria
  • Registered: 2006-11-30
  • Posts: 7,885

Re: Parabolic SAR

Where did you get your parabolic SAR code from?

The codes of PSAR as well as all the other indicators are developed by us and are copyright protected.

It gives diffirent results than MT4 psar indicator.

We hope they will correct their formula soon! Our source code is published and you can check it. If you find errors please report them.

By the way, I cannot see any difference between the results. Do you use the same data and PSAR parameters?

The only difference is in plotting of the PSAR point when the price touches the PSAR value. In this bar we have two PSAR points.

MT plots the new value but our chart plots the old. This is not a bug but wanted behavior because of:

1. The new value is normally far away from the chart and it is not important at the moment;
2. The old value is in the bar range. It is more important because it is actually your stop level;
3. If the old value is missing you cannot tell easily what its value is;
4. The new point is exactly at the previous trend Top/Bottom so why to plot it.

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Everyone are highly welcome to report bugs. But please, be more informative! Send us the data file, parameters and the number of the bar where the problem is.

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