SAR MACD is an idea of implementing Directional MACD with Parabolic SAR to exactly detect and confirm Trend. This p-SAR MACD consist of a HYBRID MACD which acts as MACD TREND oscillator, MACD Oscillator, PSAR Indicator combined with MA line. thus Fake MACD Signals can be eliminated using this SAR MACD. Sideways can be detected using Threshold Levels must be adjusted based on timeframe.
Indicators Hybrid model contains: 1.MACD (12,26,9) Standard with MA Crossovers 2.MACD Trend 3.Parabolic SAR with 0.02 4.Threshold level - indicates Sideways
How to use. Histogram: -> HIST MODE: normal MACD indicator MA Line Color is based on PSAR Direction Blue-Up/ Pink -Down A crossover upside with a Blue MA line denotes Up confirmation A Crossover downwards with a red MA line denotes Down Confirmation Additionally Histogram above zero line and below zero line are to be confirmed
-> MACD MODE: MACD Trend indicator MA Line Color is based on PSAR Direction Blue-Up/ Pink -Down A crossover upside with a Blue MA line denotes Up confirmation A Crossover downwards with a red MA line denotes Down Confirmation Additionally Histogram above zero line and below zero denotes long term Trend
-> Histogram Color: Indicates candles direction Yellow indicates Unconfirmed Direction Green Indicates up direction Red Indicates Down Direction
Buy Condition: MA Color - Blue Histogram- Above Zero Histogram/Candle -Green MA Crossover is must Sell Condition: MA Color - Red Histogram- Below Zero Histogram/Candle -Red MA Cross under is must
Warning: Must not be used as a standalone indicator. Use for confirmation of your Buy Sell Signals and Entry only.
Catatan Rilis
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Major Update: Histogram Color based on PSAR for above Zero and Below Zero