Where Should I Place a Stop-Loss Stocks Order using Parabolic SAR Stock Indicator?

Determining Where Should You Place a StopLoss Stocks Order using Parabolic SAR Stocks Indicator?

Parabolic SAR Indicator

Parabolic SAR is used by traders to set a trailing stocks price stop loss levels

Parabolic SAR provides good exit points which keep trailing the stocks price on a stocks trading chart.

In an upward stocks trend, you should close long trades when the price falls below the parabolic SAR indicator

In a downwards stocks trend, you should close short trades when the price rises above the parabolic SAR trading technical indicator.

Where Should I Place a StopLoss Stocks Order using Parabolic SAR Stocks Indicator?