Parabolic is a trend-following technical indicator that measures the turning point of the market. It is a “Doten” system that always has a buy or sell position. Even without a position, it is an effective way to measure the turning point of a trend.
It is effective when the market’s selling and buying trends are sustained, so if there is a trend, it will be possible to make a large profit. However, in the case of a market without a trend, such as a box market, there is a tendency for the signal to come out frequently and the amount of damage to increase.
Sirius Future’s Chart
In an uptrend, the metric appears below the price,
In a downtrend, the indicator is displayed above the price.
The point where the descending line touches the rising daily bar
The point where the ascending line touches the descending daily bar
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