Parabolic SAR
Parabolic SAR: trailing stop-and-reverse dots that follow the trend and flip side when price crosses them.
How to read it
- Dots under price: uptrend; dots above price: downtrend.
- A flip of the dots to the other side signals a possible trend change.
- Works best in trends; in ranges it flips often.
Key settings
- Start 0.02, increment 0.02, maximum 0.2.
Good to know
- Drawn on the price pane, over the candles.