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Parabolic SAR

Sunday, October 15th, 2006

Another technical analysis indicator for forex trader is Parabolic SAR ,
basicly its use to determine the best time to enter or exit market. An intersection of the price with parabola is taken as signal to reserve the current trading position ( go from long to short)

To add this indicator, right click on chart: Indicators > Parabolic SAR, and make it default setting for best read this indicator

parabolic sar chart

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