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Trend
Parabolic SAR
PSARPlots a trailing stop that accelerates toward the price as a trend extends. When price crosses the stop, the indicator flips direction, signaling a potential reversal. Traders use it to set dynamic exit points.
Tips
PSAR works best in trending markets; in sideways conditions it flips frequently and generates many false signals
Lowering the acceleration factor makes the stop trail more loosely, reducing whipsaws but widening risk per trade
Parameters
AF Start
0.01 - 0.1
AF Increment
0.01 - 0.1
AF Max
0.1 - 0.5