Background Knowledge – Parabolic SAR Pattern
background knowledge Parabolic SAR: Definition, Formula, How It Works, Trading Strategies, Signals, and Limitations The Parabolic SAR (Stop and Reverse) is a technical analysis indicator developed by J. Welles Wilder Jr. to identify trend direction, potential reversals, and dynamic stop-loss levels. It appears on a price chart as a series of dots positioned either above or below the price. When…