Quiz: Parabolic SAR

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Below, find 7 multiple choice questions to test your understanding of the lesson.
Please note: For each of the questions, make sure that you mark all the answers that you think are correct.

Multiple answers can be correct.
What does SAR stand for?
The SAR is shown on a chart by a series of small dots placed above or below the price. According to the lesson, if the dots are above the price, what does this most likely mean?
Which of the following can the parabolic SAR be effectively used for?
Look at the image below:

psar1

At the candle labelled number_1, in which direction does the SAR indicate price might be headed?
Look at the image below:

psar2

At the candle labelled number_1, in which direction does the SAR indicate price might be headed?
Look at the chart below:

psar3

In this example, would you say that the SAR is providing valid trading signals?
Look at the chart below:

psar4

In this example, would you say that the SAR is providing valid trading signals?

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