enEnglish
arArabiczh-CNChinese (Simplified)nlDutchenEnglishfrFrenchdeGermanitItalianptPortugueseruRussianesSpanish

Learn to use Parabolic SAR Indicator properly at IQ Option

Parabolic SAR is a technical indicator that you can easily find in the trend section of IQ Option. This indicator is also known as Parabolic Stop and Reverse you can use it to find the current trends using the series of dots around the price.

Parabolic SAR Overview

Parabolic SAR or PSAR is one the best indicator that not only helps you identify the current trend but also the entry and exit points.

This Indicator was developed by technical analyst J. Welles Wilder. You can check his original work in his book named ‘New Concepts in the technical trading systems’ You can also enjoy his other most famous works like ATR, RSI in his book.

How to configure Parabolic SAR at IQ Option

The first you need to do is log in to your IQ Option account. secondly, click on the indicator button and search for Parabolic SAR in the trend section.

You can also change the colour and timer of the indicator. just click on the Apply button once you are done.

How to use Parabolic SAR at IQ Option

Trading with Parabolic SAR is quite simple. You just need to focus on the series of dots. If the dots are very close to the candle It signals that the market is in range-bound and here trend reversal is likely to happen.

Similarly, When there is a big distance between PSAR dots and price it signals a strong bullish or bearish trend.

When to make buy trade

When the PSAR dots are below the price it signals a bullish trend. If there is a big distance between the PSAR dots and the price it signals a much stronger bullish trend and here we can make a buy trade.

When to make sell trade

When the PSAR dots are above the price it signals a bearish trend. Similarly, If there is a big distance between the price and the dots it signals a strong bearish trend and here we can make a sell trade.

I have covered everything about PSAR. I will highly suggest you to use this indicator on the IQ Option demo account. Once you are confident enough you can try the same in IQ Option real account.

 

 

 

 

Recent Articles

spot_img

Related Stories

Leave A Reply

Please enter your comment!
Please enter your name here

Stay on op - Ge the daily news in your inbox