Smart Start TA Series 39: The Parabolic SAR – Trend-Following Made Simple

The Parabolic SAR (Stop and Reverse) is a trend-following indicator designed to identify potential reversal points in the market. It appears on charts as a series of dots either above or below the price, with the dots trailing the price in a trending market and reversing position when the trend changes. It’s a simple but effective tool for staying on the right side of a trend.