14. Learn The Parabolic Stop and Reverse (SAR)

What you will learn

• What is a Parabolic SAR indicator? 
• How do you read a parabolic SAR indicator? 
• How do you set up Parabolic SAR in the MT4 platform?  
• How to use Parabolic SAR indicator in Forex trading? 

Description

This class will teach you how to use the Parabolic SAR technical indicator to enhance your trading returns and manage your risk. This popular forex indicator can be used for scalping, day trading, swing trading, and short-term trading.  

Parabolic SAR is a trend indicator that identifies potential price reversals of the traded currency pair. It can also be used to identify entry and exit points. Parabolic SAR usually looks like a series of dotted lines, with each dot representing a different time period. 

This class comes with a live example demonstrating how it is used to enter and exit trades, confirm trends and even serve as a risk management tool. You’ll finish with a deep knowledge of this important indicator.