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Hi all, just a quick question.
I want to combine PSAR with other conditions as a filter for my entry and exit signals but am not sure when the PSAR value is calculated and plotted on my chart.
My reading of the maths behind PSAR is that is based on the previous bar via the equation below.
Does that mean that the PSAR value on the chart is constant during the active bar on the chart.
For example I might require conditions to be satisfied at price close, and also have PSAR below my price action to go long.
So now am confused whether I am trying to combine bar close and bar open conditions (I am probably just confused with this ... HELP)
I just want to ensure PSAR is below for longs, above for shorts, but make the comparisons consistent when I combine with other indicators
thanks in advance
dave