Sunday, February 5, 2012

Forex Parabolic SAR Indicator Explained

March 11, 2010 by  
Filed under Forex Indicator

The parabolic SAR is a tool that is developed by the same person creating the RSI, Welles Wilder. It is a very simple indicator that is mainly used to indicate the end of a trend or the setting of stop loss by some traders. The SAR behind the word Parabolic refers to Stop And Reversal [...]