SAR Oscillator
Posted: Sat Feb 18, 2012 9:55 amSARO = Avg ( close -SAR );
If MA period is 1,
we get the actual distance between the SAR and closing price.
One of the purposes, to detect the strength of the trend.
The strengthening trend
Prices move away from the Sar
The weakening trend
Price is approaching toward Sar
SAR Oscillator.lua- (2.72 KiB) Downloaded 1159 times
The indicator was revised and updated