iCharts Discussions

[amitkbaid1008]

Hi All

I was watching TATAELXSI charts for 15 minutes time frame. I observed that while calculating Parabolic SAR charts behave erratic. On Candle started at 12:00 Hours Parabolic SAR was shown as the then low of the candle i.e. 981.10 which got broke and new low of 980.10 was made but instead of Stop and Reversal the Parabolic SAR was shown as 980.10. Then I checked theoretical calculation by calculating myself manually which shown that Parabolic SAR at that candle to be 981.30 which was itself broken even before 981.10 but in charts Parabolic SAR not changed even in the next candle started at 12:15 Hours.

Can anyone explain why this happened or there is some error or mistake in my calculation or understanding