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Thread: Parabolic SAR Indicator

Parabolic SAR (PSAR) indicator was developed by J. Welles Wilder.

#PSAR #Indicators #Definedge
The calculation of this indicator is a bit complex, but the concept is extremely useful. I will try to simplify it and explain the logic. I will briefly explain the concept, calculation and reading.

Let us think about creating an indicator that shows the trend.
Using the indicator, we can identify & ride the trend using the trailing stop-loss method.

For trailing the stop in uptrend, indicator needs to be placed below the candle. Similarly, it should be placed above the candle for trailing in a downtrend. We will plot it using ‘dots’.
Read 19 tweets
I would be more than happy to guide on anyone who wishes to start learning #NimblrTA

The idea is let's do it for next 30 days and review where we are and what change it may bring.

Content is what is readily available but would be done in steps.

@Deishma @AhoNiranjana
#Topic #NimblrTA #Strength #Candles

Content for study
nimblr.pbworks.com/w/page/1252326…

Once done you may ask queries or if something is not clear or may have feedback, open discussion and learning.

Efforts will be yours to enlearn!
#Topic #NimblrTA #Strength #Candles
About Breakout Candle
deishman.wordpress.com/2017/08/19/bre…

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Read 63 tweets

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