💎..................🎁🫶🏻El SAR 🫶🏻🎁..................💎
Parabolic SAR (Stop and Reverse or stop y reverse) is a technical indicator used to identify the direction of an asset’s trend and indicate possible market entry or exit points.
How does it work?
It appears on the chart as a series of dots or dashed lines near the price candles.
If the dots are below the price, the trend is bullish.
If the dots are above the price, the trend is bearish.
When the price crosses the dots, the indicator changes position and signals a possible trend reversal.
Is it a chart indicator?