Wilder’s Parabolic SAR by Stella Osoba, CMT
When managing a position, we often ask ourselves when is the best time to sell to preserve profits, and if we do sell, when to get back in or reverse our position. The parabolic SAR can help to remove some of that guesswork.
The parabolic SAR is an indicator developed by J. Welles Wilder in the 1970s. He also developed the average true range (ATR), directional movement (ADX), and the relative strength index (RSI). In this brief article, I will offer an overview of the parabolic SAR ...