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Random article: Parabolic SAR in Forex trading

Parabolic SAR is the technical indicator developed by Welles Wilder for analyzing trend movements. The first time it was announced in a famous book “ New Concepts in Technical Trading Systems” published in 1976. SAR stands for as “stop and reverse”. Parabolic SAR is one of a few indicators that signalize about closing of positions. In many respects Parabolic is similar to a moving average with the only difference that SAR can change position against price. Under ascending tendency, the indicator is drawn under prices (candles, bars), under descending tendency it is put above prices. When price crosses Parabolic line, reversal of the indicator takes place.

In April of 2013 year deputies of the State Duma A. Babakov and V. Shestakov introduced amendments to the law “About securities market” and to legislative acts of the Russian Federation in the part of legal regulation of dealers' activity on the over-the-counter Forex market. This law was accepted during the first readings and is supposed to enter into the force since January 1, 2014.

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