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Parabolic SAR exception rules not followed at reversal #620

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DaveSkender opened this issue Nov 15, 2021 · 1 comment · Fixed by #619
Closed

Parabolic SAR exception rules not followed at reversal #620

DaveSkender opened this issue Nov 15, 2021 · 1 comment · Fixed by #619
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@DaveSkender
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the problem

The Welles Wilder rules for PSAR specify "never move the SAR for tomorrow above the previous day's low or today's low". This rule was followed normally, but not if it occurred immediately after a reversal. This scenario is rare but should be fixed.

Impact: the SAR point immediately following a reversal where a low threshold applies is slightly off. Variation is usually very small and not easily detectible. I suspect most charting platforms don't even follow this rule.

expected behavior

The rule should always be followed.

@DaveSkender DaveSkender added the bug Something isn't working label Nov 15, 2021
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This Issue has been automatically locked since there has not been any recent activity after it was closed. Please open a new Issue for related bugs.

@github-actions github-actions bot locked as resolved and limited conversation to collaborators Feb 22, 2022
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