The longer it ranges the harder it trends

[murray t turtle]

Not that I have tried, but is it possible to have parabolic engage not on simply tough but when a close has ended up past Parabolic? I gave up on Parabolics light years ago when I couldn't make more than 50/50, I never had them included in charting as I have now. Just curious.

%%
SYS2,3/5; Well i warned you it [PSAR; aka parabolic time Price] is NOT that good- LOL. But i like it because it reminds me trends can stop + reverse[ parabolic stop + reverse].LOL

Good point;Handle 1,2,5 =more than one way to use an indicator. If price goes past PSAR, like when silver hit$50 area, then smashed DOWN thru PSAR =late sell signal but good sell signal, if i remember right + usually do. A moving average can do the same thing, maybe better, but PSAR or Parabolic time Price is a needed reminder to me- trend s can reverse-NOT that i use in in a mindless mechanical way-i dont. Parabolic Time Price tested on barchart.com usually doesnt do well, also....

 

[murray t turtle]

I remember that I had backtested the Parabolic years ago.
I'll have to uncover that strategy's results.
As I recall, it was one of the better indicators.....

%%
SysW;That most likely means you used it with discretion.LOL Or like my moving averages worked better in bull market of 1999 also. Good points, the WSJ use s a 65 day moving average, that may work well- but like IBD , prefer to use 50dma, 200 dma. I dont know if the WSJ 65 day moving average is any good or simply helps sell newspapers ??>LOL

 

[Zestilio]

As of initial topic - I'm not sure it's the case. Actually, the longer it trends, the harder it ranges.

 

[realstockaddict]

what is range

 

[userque]

I think I know what a "range" is, but how does it "range" or "trend" hard?