What is PSAR?
PSAR is an indicator developed by Welles Wilder, Where P stands for Parabolic & SAR stands for Stop and Reversal. The indicator helps in assessing the direction of the stock’s movement.
Chapter- 8: Parabolic SAR – (PSAR)
The Series of Technical Analysis Studies Chapter 7: “TRIX”
What is TRIX?
TRIX is a fairly simple looking momentum indicator that smoothens out price fluctuations and shows the direction of dominant momentum in a stock or other asset.
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The Series of Technical Analysis Studies Chapter 6: “MACD”
What is a MACD?
Moving average convergence divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of prices. MACD can be pronounced as either “Mac-Dee” or “M-A-C-D.”
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