The Parabolic SAR Indicator MT5 is a popular and useful free Forex indicator. It is used to identify trend reversals and is commonly employed in trading strategies. The indicator is based on the Parabolic SAR (Stop and Reverse) system developed by J. Welles Wilder. It is a trend following indicator that plots dots on the chart, which indicate when the price is likely to reverse. It is a great tool for traders of all levels and can be used to improve the profitability of any trading strategy.
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