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Movable SAR
Apr 10, 2021 at 18:58
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2 Replies
Member Since Mar 12, 2021
1 posts
Apr 10, 2021 at 18:58
(edited Apr 10, 2021 at 18:59)
Need help in writing a grouped movable parabolic SAR
Member Since Dec 29, 2022
2 posts
Dec 29, 2022 at 08:56
The parabolic SAR – or parabolic stop and reverse – is a technical indicator that is used to forecast potential reversals or continuations in an underlying market. A reversal can be a bullish market changing into a bearish market, or a bearish market changing into a bullish market, while continuations signify that a market will maintain its previous momentum. A trader can use the parabolic SAR to time their entry into a long or short position.
Member Since Dec 29, 2022
2 posts
Dec 30, 2022 at 04:27
The indicator was first used by the same trader and analyst who created the relative strength index (RSI), J Welles Wilder Jr. He made the parabolic SAR with three primary functions: to highlight the current trend, to attempt to forecast a reversal in the prevailing trend, and to provide potential exit and entry signals during a reversal. https://www.myinsite.org/
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