Parabolic SAR: Difference between revisions
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(Created page with "Parabolic SAR indicator, based on Welles Wilder's Parabolic Time/Price Strategy, takes into consideration the market's price and time relations. <br> The Parabolic SAR indic...") |
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Parabolic SAR indicator, based on Welles Wilder's Parabolic Time/Price Strategy, | Parabolic SAR indicator, based on Welles Wilder's Parabolic Time/Price Strategy, plots a parabolic curve taking into consideration the market's price and time relations. The indicator plots a parabolic curve, | ||
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During the calculation, the parabolic curve crosses over and under the price. When the parabolic curve goes below the current prices the market is considered bullish, and when the curve is above the current prices, the market is considered bearish. | |||
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