everget

Parabolic SAR

This is a redesign of the built-in Parabolic SAR indicator. I added a proper input system, an option to highlight initial points for both lines and an option to choose points width. So, customize it as you want.

Parabolic SAR was originally developed by J. Welles Wilder and described in his book "New Concepts in Technical Trading Systems" (1978). It is a trend-following indicator that can be used as a trailing stop loss.

To know which settings for PSAR are the most profitable on your instrument and timeframe you can use this tool

Profitable Parabolic SAR
Informacje o Wersji:
  • Added Buy/Sell alerts
  • Added Buy/Sell labels
Informacje o Wersji:
  • Fixed alert messages
Informacje o Wersji:
  • Converted to V4
  • Added long/short state highlighting
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A list of Free indicators:
https://bit.ly/2S7EPuN

A list of Paid indicators:
https://bit.ly/33MA81f

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Komentarze

Hello @everget, thank you for the hard work and sharing with the community. Is it possibe to make an strategy out of it so we can run a test ?
Thank you in advance
+2 Odpowiedz
everget hannajhajjar
Odpowiedz
@everget, you’re the man! thank you so muck, I really appreciate it. Now let me play a little bit with it
+1 Odpowiedz
Thank you for sharing. I like your great scripts and am particularly impressed with the idea of volume-candle.
+2 Odpowiedz
tiamo3733 tiamo3733
@tiamo3733, I am sorry for my English.
+1 Odpowiedz
everget tiamo3733
@tiamo3733, thanks a lot, mate! Don't worry about your English - I am not a native speaker)
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tiamo3733 everget
@everget, Oh, thank you very much. I think I've received too many favors from you.
+1 Odpowiedz
everget tiamo3733
@tiamo3733, well, you can support a poor developer with a modest donation - there is still a lot of work ahead)
+3 Odpowiedz
hi, can i use using indicator on 5MTF for trade
+1 Odpowiedz
everget Raziz11
@Raziz11, yep, why not?
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