FOREX PARABOLIC SAR

The parabolic SAR(Stop and Reverse) is a useful indicator to find an exit strategy in the forex market. When using other indicators to find long and short positions the parabolic SAR helps to establish stops for the purpose of locking in profits.

Forex Parabolic SAR

When buying forex stay in your long position until the parabolic SAR moves above the forex price and then close.

When selling forex stay in your short position until the parabolic SAR moves below the forex price and then close.

Next, Bollinger Bands