Parabolic SAR: Precision Trailing and Reversals
This indicator uses a series of dots placed above or below the price to signal potential trend reversals and provide a systematic trailing stop-loss.
🚀 Why it works: As long as the dots remain below the price, the trend is up. When a dot appears above the price, the momentum has likely shifted. 🛡️ Trading Note: Perfect for objective risk management. Simply adjust your stop-loss to the level of the dots as the trade moves in your favor.
Link: Parabolic SAR Standard