ORB PSAR MTF Screener+ 1.0

3 באפר׳ 2022

The parabolic SAR is a technical indicator used to determine the price direction of an asset, as well as draw attention to when the price direction is changing.
Sometimes known as the "stop and reversal system," the parabolic SAR was developed by J. Welles Wilder Jr., creator of the relative strength index (RSI).

PSAR can itself prove to be great trading strategy if it is used on a multiple timeframe.

This indicator contains the followings:

1. A Screener to process multiple stocks at one go to show possible trades
2. MTF plotting of trading signals for individual stocks as well as list of stocks
3. Alert system to inform you of possible trade setups
4. Auto selection of best MTF for trades
5. Strength Candle markings.
6. Configurable options to customise as per your need.

The indicator works on the 1 Min, 5Min, 30Min, 1Hr, 4Hr, Daily, Monthly setups.

Due to TradingView restrictions and MTF usages, the screener can process a list of only 14 symbols. However , you can use the alerts option to define multiple lists of 14 stocks.

Enjoy!