Parabolic SAR : Stop and Reverse
Parabolic Stop and Reverse is a tool for active traders, intended for use by futures traders with a need to always have a position open. PSAR, parabolic stop and reverse, is one of the more esoteric indicators. It was originally intended for use in the futures market but like most good trading tools it is applicable to any form of trading with a chart of prices. The original use was for hedging positions. Some futures trading, those whose job it is to buy and sell physical commodities not just speculators,…
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