Parabolic SAR BY CARLOZ

🔹 What is the Parabolic SAR?

The Parabolic SAR (developed by Welles Wilder) is a trend-following indicator used to identify potential entry and exit points in the market.

🔹 What does “SAR” mean?

SAR = Stop And Reverse.

It suggests where to place a stop loss and also indicates when to reverse a position (from long to short or short to long).

🔹 How does it look on the chart?

It appears as a series of dots above or below the price:

Dots below price → bullish signal (uptrend).

Dots above price → bearish signal (downtrend).