OPEN-SOURCE SCRIPT
Diupdate

Moving Average Stop and Reverse (MASAR) [cI8DH]

This indicator is an alternative to Parabolic Stop and Reverse indicator. It is primarily used to identify points of potential stops and reverses.

Instead of using a static parabolic curve, this indicator adjusts dynamically based on the changes in moving average of the price. Read here to learn more about the usage of this indicator.

I tested the strategy version of this indicator on Bitstamp:BTCUSD and compared the results to the Parabolic SAR. I changed the settings on both indicators to achieve the best results on each indicator. This indicator outperformed the Parabolic SAR by a large margin.

You need to calibrate the indicator depending on the asset and time frame. It works best in trending markets.
Catatan Rilis
added exponential MA type
Catatan Rilis
- changed the line type to solid line

Pernyataan Penyangkalan