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
Notas de Lançamento:
  • Added Buy/Sell alerts
  • Added Buy/Sell labels
Aug 08
Notas de Lançamento:
  • Fixed alert messages
Oct 12
Notas de Lançamento:
  • Converted to V4
  • Added long/short state highlighting
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A list of Free indicators: https://bit.ly/2S7EPuN
A list of Paid indicators: https://bit.ly/2SQOhDF

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Thx for sharing. i think your indicator most useful ind. about psar on tradingview.
+1 Resposta
everget altcointraderr1
@altcointraderr1, thank you, sir!
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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
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everget hannajhajjar
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@everget, you’re the man! thank you so muck, I really appreciate it. Now let me play a little bit with it
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great job,thanks for sharing :)
+1 Resposta
everget cuyabrito
@cuyabrito, no problemo!
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Alerts seem to be messed up. Did an alert on candle close and was alerted but there was no signal?
+1 Resposta
everget AlishaK_
@AlishaK_, I don't understand your case. What's wrong with alerts?
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@everget, I have set the direction trend alert and on some alerts there is no visual or the alert turns out to be false (no change in direction at all)
+1 Resposta
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