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
Aug 03
Catatan Rilis:
  • Added Buy/Sell alerts
  • Added Buy/Sell labels
Aug 08
Catatan Rilis:
  • Fixed alert messages
Oct 12
Catatan Rilis:
  • Converted to V4
  • Added long/short state highlighting
Hilangkan dari Skrip-Skrip Favorit Tambahkan ke Skrip-Skrip Favorit
A list of Free indicators: https://bit.ly/2S7EPuN
A list of Paid indicators: https://bit.ly/2SQOhDF

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Can you change this to a Strategy? I want to backtest it
+1 Jawab
everget BitcoinBeats
@BitcoinBeats, shoot me a direct message please
Jawab
@everget Thanks very much for the script. Can you explain how to setup a alert in Trading view that will alert us when there is a Buy sign. What conditions to use ?
+1 Jawab
everget bala1989
@bala1989, Hi, use PSAR Long condition in the alerts dialog
Jawab
@everget, So the condition should be like

BTCUSD
Crossing
PSAR Long start

if i want to setup for BTCUSD ticker.
Jawab
@everget, Thanks very much :)
Jawab
Thx for sharing. i think your indicator most useful ind. about psar on tradingview.
+1 Jawab
everget altcointraderr1
@altcointraderr1, thank you, sir!
Jawab
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 Jawab
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