PSAR Trend Filter 1 & 2 (Parabolic SAR)
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Last updated
Last updated
The Parabolic SAR (Stop and Reverse) is a trend-following indicator that signals potential trend reversals.
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.
