The Forex technical Analysis indicator, PARABOLIC SAR, allows us to analyze trend movements. It moves in a similar way to the Moving Average (MA), but at a faster pace.
When the indicator is over the candlesticks, it means that we’re on a bullish market. If it is below the candlesticks, we’re on a bearish market. When the PARABOLIC SAR changes its position, it might be the time either to get on a position or to close it…
Please, click on the following link to learn how to add the indicator to your MT4: newbielink:http://www.tradeviewforex.com/cfdblog/post/2009/11/26/use-parabolic-forex-indicator-metatrader-4.aspx [nonactive]
Cheers,
Gene Hoglan
