Parabolic SAR
From MultiCharts
Parabolic SAR indicator, based on Welles Wilder's Parabolic Time/Price Strategy, takes into consideration the market's price and time relations.
The Parabolic SAR indicator determines stop and reverse (SAR) points and may be used to define when the position should be reversed and a trade in the opposite direction should be taken.
Default Inputs
AfStep (.02) - acceleration factor for calculation of the parabolic SAR.
AfLimit (.2) - Limitation of acceleration factor.