Parabolic Sar (PSAR), developed by J. Wellens Wilder is a trend following indicator. The PSAR dots will appear below the currency price in uptrends while the dots appear above the currency price in downtrends.
Use PSAR in conjunction with other analysis tools to build a complete forex trading strategy.
Suggested Further Readings
How To Use The Parabolic Sar (PSAR) in Forex
Parabolic Sar (PSAR) Forex Exit Stategy
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