Parabolic SAR Extended
The Parabolic SAR Extended is an indicator developed by PlayOptions that derives from the classic Parabolic SAR. The interpretation is very simple.
It is an indicator designed for optionists as it is reactive in the beginning of the trend, but then remains little influenced by the movements, although significant, but which do not change the current trend.
Operation:
BUY signals are generated when the indicator is above 0;
SELL signals are generated when the indicator is below 0.