Parabolic SAR

14 במרץ 2019

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

3 באוג׳ 2019

הערות שחרור

• Added Buy/Sell alerts
  
• Added Buy/Sell labels
  

8 באוג׳ 2019

הערות שחרור

• Fixed alert messages
  

12 באוק׳ 2019

הערות שחרור

• Converted to V4
  
• Added long/short state highlighting
  

27 בנוב׳ 2020

הערות שחרור

• Update
  

28 ביולי

הערות שחרור

• Pine Script V6
  
• Minor UI improvements
  
• Refactoring
  

If you need any customization, feel free to contact me via direct messages or on Telegram.
Good luck!