Wednesday, June 18, 2008

ForexGen`s Parabolic SAR

This indicator is made to spot trend reversals; hence the name Parabolic Stop And Reversal (SAR)
This is the easiest indicator to interpret because it only gives bullish and bearish signals.
When the dots are above the candles, it is a sell signal.
When the dots are below the candles, it is a buy signal.

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