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Let?s begin this discussion which has a basic meaning of a parabola. According to good old Merriam and Webster, a parabola can be a ?plane curve generated by the point moving to ensure that its distance coming from a fixed point is equal to its distance from your fixed line; the intersection of a right circular cone having a plane parallel to a portion of the cone; something bowl shaped.? The parabolic indicator we're going to discuss here is often a strategy utilizing what many call a stop-and-reversal (SAR) method, which earns this indicator the name, Parabolic SAR. Parabolic SAR is available on our new BigTrends TrixyCharts charting feature at no cost to any or all registered website users.
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The trick is to locate method which is in some manner counter intuitive. There is something that I call ?chart core?. I mean from this ?real value? of what is shown for the chart. Because once you glance at the forex chart itself you will recognize that because of the large and dynamic moves regular price chart gives no good indication. Especially if we rely on high/low price.
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