Posted by Mohammad Rahhal, Last modified by Diana Alkouni on 14 September 2020 12:37 PM
The Parabolic SAR was developed by Welles Wilder. This indicator is always in the market (whenever a position is closed, an opposing position is taken).
The Parabolic SAR indicator is most often used to set trailing price stops. A stop and reversal (SAR) occur when the price penetrates a Parabolic SAR level.
Returns the handles of a technical indicator, in case of failure returns an empty string.