Finally, a more accurate PSAR is here! Request access in the comments.
This PSAR will show up, and stick around when a majority of the Technology companies in the index below conform in the same direction. The TAPSAR can be applied to any technology company and ANY time-frame! This Tech-Index consists of the largest technology companies on the NASDAQ stock exchange that are similar in subsector.
Thick Blue lines beneath the price indicate a change in direction, and momentum up. Thick Red lines above the price indicate a change in direction, and momentum down.
UPDATE: The lines will become thicker with confidence of movement.
This indicators holds three editable parameters:
1. "Start" - The starting value for the Acceleration Factor (.02 is the Default). 2. "Increment" = The increment in which the Acceleration Factor will move (.02 is Default). 3. "Max" - The maximum value of the Acceleration Factor (.20 is the Default)
Kenzing trading indicators for TradingView perform advanced real-time analysis of stock price trends and display alerts that are easy for the average Trader to interpret.