We took the code that we wrote in Myth Busting Strategy #6 to make it more profitable, specifically the timeframe adaptive Parabolic SAR logic and published this as a separate indicator to make it easier for others to use and adopt.
There really is no magic to this. This indicator basically just evaluates the timeframe and derives a multiplier that is applied...
QQE of Parabolic-Weighted Velocity is a QQE indicator that takes as its input parabolic-weighted velocity calculation. This version can help in determining trend. Adjust the calculating period to your trading style: longer - to trend traders, shorter - for scalping.
What is Qualitative Quantitative Estimation (QQE)?
The Qualitative Quantitative Estimation...
This indicator is a detrended price series using the Parabolic Stop and Reverse (SAR) trailing stop, resulting in a bounded oscillator in the range (-100, 100). The SAR output is also normalized to obtain a noiseless oscillator which can complement the detrended price.
Start: Initial value of the convergence factor used when a new trend is detected...
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...
Created a Parabolic SAR strategy where price has to close under/above the level before for it to reverse. This way it should be a bit more stable and protect you from false breakouts.
It was impossible to adjust the built-in "sar" function so I implemented PSAR from scratch. So if you're interested in how it's work inside you can check the code and probably...
I created a version of Parabolic SAR when I accelerate it not based on the difference from the extreme point but based on current ATR. So the idea is that for a more volatile market it should move faster.
Performance is calculated based on 25% equity invested and 0.1% commission.
What do you think about it? Does it make sense to do something like that?
Continue experimenting with different combinations of strategies.
Here is the PSAR Strategy calculated based on HA candles. HA is already calculated inside the script, do not apply it to HA candles.
Strategy is calculated based on 25% equity invested with 0.1% commission.
Please remember that past performance may not be...
Using this script you can create alerts for my Heikin-Ashi PSAR Strategy:
When creating alerts use "Once Per Bar Close" in parameters.
Please remember that past performance may not be indicative of future results.
Due to various factors, including changing market conditions, the strategy may no longer perform as good as in...
The indicator Moving Average Channels was created for experimental purposes due to the parabolic moves BTC has made in the recent past.
How it works:
The basis, or center line, is a standard moving average that is set by the user.
The bands are then a customizable percentage of the basis.
Which based on the settings, could serve as possible support and...
This is a trend aggregator for confirmation and trend signals. It basically aggregates many buy/sell signals and confirmation and by combining them provides a strong buy/sell signal or trend confirmation.
The actual layout idea and trend confirmation is derived from Trend Meter and this indicator uses few other indicator, such as Chandelier Exit, WaveTrend, QQE...
One of my mixed approach strategy indicators which includes:
- Parabolic SAR
- 1 Hour Supertrend
- 4 Hour Supertrend
Whilst this script may appear slow due to the 4hr Supertrend, it does a great job of managing breakouts.
Using this indicator is simple, if the line labeled Lifetime is green then buy, if red then sell OR don't trade. So...
Green Line ...
The weights of this moving average are powers of the weights of the standard weighted moving average WMA .
When parameter Power = 0, you will get SMA .
When parameter Power = 1, you will get WMA .
Although many will use lines in order to make support and resistances, others might use curves, this is logical since trends are not always linear. Therefore it was also important to take this into consideration, and when i published the price-line channel indicator, i already started a curved version of it. Therefore i propose this new indicator...
This plots a Parabolic sar and a break line on the previous sar point before the parabolic sar flips.
This is looking to be a very popular entry signal for lots of strats.
How to use:
In conjunction with other confirmation indicators;
Long : Enter long when the Parabolic sar is below the price and the price breaks above (and closes) the break line.
This is a multi-timeframe Parabolic SAR indicator which uses 1 and 4 hour charts.
Using this indicator is simple, if the LifeTime line is green then buy, if red then sell OR don't trade. So...
Green Line - This strategy is in a buy position
Red Line - This strategy is in a sell position
Any other colour - DON'T TRADE