From technical Forex analysis perspective, traders may use Forex indicators to gauge the volatility of the Currency markets and seize the upcoming market trend. Traders can optimize their trading strategies based on their technical analysis and have better chances of making profits. We realize that it’s more straightforward to combine a few Forex indicators to investigate forex in order to increase picture, so Forex beginners should try to learn the basics of the popular Forex indicators. Last time we have discussed some Forex indicators like CCI, RSI, MACD, today I’d like to discuss another Forex indicator—Parabolic SAR for the reference.
Question 1: ? What is Parabolic SAR Forex Indicator?
Parabolic SAR can be an essential trend indicator, which includes a group of dotted lines where each dot represents certain time frame and can indicate potential reversals in cost movement. Parabolic SAR Forex Indicator helps traders to determine the direction…
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