How to Use the Parabolic SAR to Find and Filter Trades
2023-08-08
One of the simplest indicators, at least in its interpretation and application, is the Parabolic SAR developed by Welles Wilder. The indicator appears directly on the price chart, and therefore provides real-time data to traders, whether trading trends or hunting for reversals. The SAR, as it is usually called, stands for stop-and-reversal. It provides entry points, exit points (if not trading binary options) and can also be used to filter out trades from other strategies. How to Use It After you have chosen your binary options broker, and when you apply the SAR to your chart, you’ll see a series of dots occur above orRead More →