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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
릴리즈 노트:
  • Added Buy/Sell alerts
  • Added Buy/Sell labels
릴리즈 노트:
  • Fixed alert messages
릴리즈 노트:
  • Converted to V4
  • Added long/short state highlighting
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A list of Paid indicators: https://bit.ly/2SQOhDF

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great job,thanks for sharing :)
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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?
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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)
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everget AlishaK_
@AlishaK_, Okay sir, could you provide ticker and timeframe so I can reproduce that issue?
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@everget, I figured it out. It was the changing data on my end with Tradingview. Thank you tho!
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Parabolic SAR
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everget behnamadam
@behnamadam, this is not index, this is indicator. Use "Reply" button to continue the discussion or private messages.
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behnamadam behnamadam
@bThis is intentional
At any time is betterehnamadam,
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