Parabolic SAR is a trend indicator and generally used for the short term to midterm trading strategies. This indicator was first described by Welles Wilder in his book “New Concepts in Technical trading Systems”.
SAR has the quality to trail the price for a specific period of time.
Most of the indicators for short term trading is quite complex to interpret and use. SAR is popular for its simplicity as a short-term trading indicator.
Parabolic SAR can measure short-term trend direction and price momentum. This indicator also is known as “Stop and Reversal System”.
Most of the indicators for short term trading is quite complex to interpret and use. SAR is popular for its simplicity as a short-term trading indicator.
Parabolic SAR can measure short-term trend direction and price momentum. This indicator also is known as “Stop and Reversal System”.
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