The Parabolic SAR Indicator (PSAR) can be purchased separately, or is available as part of the Club Membership. To get access to our entire collection of indicators, including any future releases, click here to join the Club.
$147.00
The Parabolic SAR indicator (PSAR) was invented by Welles Wilder and presented in his 1978 book, “New Concepts in Technical Trading System.” Wilder called the PSAR the “Parabolic Time / Price System,” where SAR stands for “stop and reverse.” The PSAR indicator forms a parabola that is either above or below price. When price is above the indicator, it acts as support / a trailing stop and indicates a bullish market. When price is below the indicator, it acts as resistance / a trailing stop and indicates a bearish market. When the indicator is in a down trend (price is below the Parabolic SAR), the indicator level can be used as a reversal level.
The NinjaTrader indicator Parabolic SAR (PSAR) is built on our Moving Average Framework, which allows users to easily run the indicator on multiple time frames (MTF), including custom bar types. Please preview the indicator in the following video:
