Question: What is Parabolic SAR Indicator on Deriv's DTrader? How does it work?
The parabolic SAR is calculated almost independently for each trend in the price.
When the price is in an uptrend, the SAR emerges below the price and converges upwards towards it.
Similarly, on a downtrend, the SAR emerges above the price and converges downwards.
At each step within a trend, the SAR is calculated one period in advance.
On Deriv’s DTrader, you can use Parabolic SAR for free and apply it on any chart you want.
To log in to Deriv’s DTrader, go to Deriv Official Website.