Please explain this indicator and how i should read it. Does it show a single stock is going to go up or down, or is this indicator related to some type of a market and that markets direction. Does a given stock relate to its own market or does Parabolic relate to some general market or industry?

The trainers can't give setting, interpretation or investment advice.

Parabolic Stop and Reverse (SAR) is based entirely on the undelying price movement of the underlying symbol. It does not use the broader market in its calculations at all.

In general, SAR will be below price when price is going up and above price when price is going down. It is designed to start relatively far away from price and get closer the longer it remains on the same side of price. SAR does not retreat. So whenever price retreats enough to cross through the SAR, the SAR switches sides and starts the process all over again.