Parabolic SAR Crossover - Stock market timing signals. |
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The Parabolic System is also known as a Stop and Reverse (Parabolic SAR) system, and it was
developed by Welles Wilder, the author of the Relative Strength Index (RSI).
Parabolic System is a trend following technique that is useful for catching new
trends early. The Parabolic System used to set trailing price stops. The stops
below the price are considered as bullish, above the price as bearish. Parabolic SAR crossover generates
excellent buy and sell signals in trending market but tends to whipsaw during
non-trending, sideways phases. |
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