PSAR Trend Filter 1 & 2 (Parabolic SAR)

The Parabolic SAR (Stop and Reverse) is a trend-following indicator that signals potential trend reversals.

PSAR Trend Filter 1 & 2 (Parabolic SAR)

• How It Works:

  • When the SAR is below the price, it signals an uptrend, and when it is above the price, it signals a downtrend.

• Use Case:

  • To filter out signals based on strong trend reversal indications.