Parabolic SAR
The Parabolic SAR, short for Parabolic Stop and Reversal, is a trend-following technical indicator that places dots on a price chart above or below the price to indicate potential reversals and to help define a trailing stop.
Example: On a daily price chart, the Parabolic SAR dots move from below the price to above the price after a sustained rise, indicating a potential change in movement and suggesting a revised trailing level.
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