Parabolic Stop and Reversal


Function Name: sar

Tags: SAR

Category: Trend

The Parabolic Stop and Reversal is based on the relationship between a market's price and time, and plots a series of trailing stops. The Parabolic Stop and Reversal indicator is used to determine when to stop and reverse your position (SAR) in a market utilizing time/price-based stops. Once a Parabolic SAR is reached, the current position is exited and a new position in the opposite direction is taken. This indicator is primarily used in trending markets and is based on always having a position in the market. This indicator helps to determine stop points and when you might reverse a position and trade the opposite direction.







Default Value: 0.02  |  Minimum: 0.0001  |  Maximum: 1


Type: Numeric



Default Value: 0.2  |  Minimum: 0.0002  |  Maximum: 1


Type: Numeric