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Showing posts from March 7, 2021

PARABOLIC SAR - MARKET STRENGTH

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The  Parabolic SAR  is a  technical indicator  developed by J. Welles Wilder to determine the direction that an asset is moving. The  indicator  is also referred to as a stop and reverse system, which is abbreviated as  SAR Its a common indicator and I believe so much in the signal indicating market strength. Combining it with SMA 21 will signal a period of time when market is strong to move in a particular direction The opportunity to trade the up-trend market is when the PSAR and blue 21 SMA are in BULLish direction. In the D1 timeframe, you will need a good Oscillator like Stochastic 14,7,3 or DCI in the image above for entries from over sold region.