Parabolic SAR Trading Indicator
Compact mode

Parabolic SAR

Known for Trend Reversal And Exit Points

Table of content

General Information

Characteristics

Facts

  • Interesting Fact 💡
    An intriguing or lesser-known fact about the trading indicator
    • SAR stands for "Stop And Reverse"

  • Sarcastic Fact 😉
    A humorous or ironic observation about the trading indicator
    • It's like a clingy ex - always trying to catch up with the price

Application

  • Timeframe 🕑
    The time intervals or periods for which the trading indicator is most effective or commonly used.
    • 1-Hour
      Parabolic SAR is most effective for 1-Hour timeframes. Indicators optimized for analyzing market data on a 1-hour timeframe
    • 4-Hour
      Parabolic SAR is most effective for 4-Hour timeframes. Indicators designed for analyzing market data on a 4-hour timeframe
    • Daily
      Parabolic SAR is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.

Technical Details

Evaluation

  • Pros 👍
    Advantages of using the trading indicator
    • Provides Clear Entry/Exit Signals
      Offers precise timing for opening and closing trades, enhancing trade management
    • Works Well In Trending Markets
      Indicators that excel at identifying and confirming strong market trends

  • Cons 👎
    Disadvantages or limitations of the trading indicator
    • Prone To Whipsaws In Ranging Markets

Performance Metrics

Alternatives to Parabolic SAR
Elder Impulse System
Known for Combining Trend And Momentum
💻 is easier to use than Parabolic SAR
Compare
Price Channel
Known for Range-Bound Trading
💻 is easier to use than Parabolic SAR
⭐ is rated higher overall than Parabolic SAR
Compare
Linear Regression Indicator
Known for Predicting Price Trends
🔀 is more versatile than Parabolic SAR
Compare
Average Directional Index (ADX)
Known for Trend Strength Without Direction
💯 is more reliable than Parabolic SAR
🔀 is more versatile than Parabolic SAR
🔧 is more customizable than Parabolic SAR
⭐ is rated higher overall than Parabolic SAR
Compare
Vortex Indicator (VI)
Known for Trend Reversal Detection
💻 is easier to use than Parabolic SAR
Compare
Zigzag Indicator
Known for Filtering Market Noise
🔀 is more versatile than Parabolic SAR
🔧 is more customizable than Parabolic SAR
⭐ is rated higher overall than Parabolic SAR
Compare
Heikin Ashi Candlesticks
Known for Smoothing Price Action
💻 is easier to use than Parabolic SAR
🔀 is more versatile than Parabolic SAR
⭐ is rated higher overall than Parabolic SAR
Compare
McGinley Dynamic Indicator
Known for Improving On Traditional Moving Averages
🔀 is more versatile than Parabolic SAR
🔧 is more customizable than Parabolic SAR
⭐ is rated higher overall than Parabolic SAR
Compare
Donchian Channels
Known for Simplicity And Effectiveness
💯 is more reliable than Parabolic SAR
💻 is easier to use than Parabolic SAR
🔀 is more versatile than Parabolic SAR
🔧 is more customizable than Parabolic SAR
⭐ is rated higher overall than Parabolic SAR
Compare
Directional Movement Index (DMI)
Known for Strength Of Price Movement
💯 is more reliable than Parabolic SAR
🔀 is more versatile than Parabolic SAR
🔧 is more customizable than Parabolic SAR
⭐ is rated higher overall than Parabolic SAR
Compare

FAQ about Parabolic SAR