Have you seen Parabolic SAR? The example trade below just demonstrates what you call "impossible" - the short trade is below the PSAR dot and its SL is set to the dot's level:My understanding is that "indicator level" refers to the dot from the previous bar, the one before it changed direction. This is always to the left of the current bar. Impossible to set a s/l at this level and still be valid for the trade, as the indicator will always be above the buy point, or below the sell point.
Not "the same level" but "the same value". If SL value is 54 pips (like in above example), the TP value should also be 54 pips.Take-profit explanation is even more vague. T/P should be set to the same level as s/l?? You mean the same number of pips in the opposite direction?? I'm not surprised I'm the first one commenting on this since most people probably just give up and move on to something that makes sense.