1. Forex Indicator
This Parabolic SAR (Stop and Reverse) is one of the well known forex
indicators which, talks about the price and time based grading system. It
was designed by wilder with a purpose to hold the trend and follow it as a
trailing stop. It is an indicator which is used to define where the trend
ending point is, by placing the points, dots, on a chart, which will indicate
possible reversals in the price movement. SAR will trail the when trend
ranges over time. The indicators in this SAR will stop and reverse when the
price trend reverses and breakdowns beyond or beneath the
indicator.Many of the indicators will identify the beginning of the new
trend whereas this Parabolic SAR will identify both the beginning and
ending of a trend and is also very easy to use. Not only this, SAR will also
help in deciding to trade or not. http://www.parabolicsar.org/