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I am new to eSignal and have done some backtesting, by hand, on trading the SAR (non-standard parameter settings) reversal day on a daily chart (FOREX). Backtesting results are great! My intention is to wait for the new daily bar to appear and if a SAR reversal appears, enter the market at the open and close at the end of the day. This seems doable since the new SAR is plotted as soon as the new bar appears. However, last night I was watching the CAD, since it was close to a reversal. When the daily bar appeared, no reversal. So . . . I get some sleep. This morning, I wake up and the SAR has reversed!
My question; Why did this happen? I thought data from previous bars was used to calculate the new SAR value. It appears that data from the current bar was also used.
Please help me to understand this.
My question; Why did this happen? I thought data from previous bars was used to calculate the new SAR value. It appears that data from the current bar was also used.
Please help me to understand this.