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Parabolic sar
1. Parabolic sar
The second method is all about trailing stop loss. This is the robust
technique of making use of the Parabolic SAR. The entries that this
indicator generates are usually pathetic; still the exits are unbelievably
good and let you depend on the trends for a prolonged time period before
reversing. Due to this, this indicator is extremely worthwhile to be a
trailing stop system. The value of the Parabolic is applied as a trailing
stop for an open trade to safeguard earnings. It also makes up for the
unpredictability of the currency, causing it to be appropriate for a wide
variety of currencies with diverse volatility and trading amount.
http://www.parabolicsar.org/