Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
描述
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This is Parabolic SAR with alerts built-in.
版本注释
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This script is a custom implementation of the Parabolic SAR (Stop and Reverse) technical indicator, designed to provide potential 'buy' and 'sell' signals.
It first calculates the Parabolic SAR using a start value of 0.02, an increment of 0.02, and a maximum value of 0.2. The resulting Parabolic SAR values are then plotted with blue cross-style markers on the chart.
The script identifies bullish and bearish signals based on the relationship between the Parabolic SAR and the high and low prices:
- Bullish Signal: If the Parabolic SAR is below the current high and above the previous low, a green triangle pointing upward is plotted below the bar. This is seen as a potential 'buy' signal, and an alert titled 'Buy SAR' is set to trigger at this condition.
- Bearish Signal: If the Parabolic SAR is above the current low and below the previous high, a red triangle pointing downward is plotted above the bar. This is seen as a potential 'sell' signal, and an alert titled 'Sell SAR' is set to trigger at this condition.
This custom Parabolic SAR indicator offers a visual and alert-based method for identifying potential trading signals, making it a helpful tool for traders seeking to use it in their trading strategy.
Please note that, like all technical analysis tools, this indicator should be used in conjunction with other forms of analysis and is not meant to provide buy or sell signals.
Always conduct your own analysis and consult a financial advisor before trading.
The indicators function as part of the Trading View platform. They are always working in real-time, processing market data, regardless of whether you have the chart or your laptop open.
It's important to note that any alerts you've set up in Trading View will trigger according to the conditions you've defined, even if you're not actively observing the chart at that moment. They will notify you through the method you've selected in your settings, such as via email or a push notification.
So, essentially, the functioning of these indicators is not contingent upon your active presence or the constant operation of your laptop.
leverage_trader
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Do the alerts print intra-candle as criteria is met or on the open of the next candle? Thanks!
Joy_Bangla
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@leverage_trader, The triggering of your alerts in Trading View depends on the specific settings you have configured.
Typically, you can choose whether alerts should trigger:
1. "Once per bar" which means it will only trigger once when the conditions are met within the candle (intra-candle).
2. "Once per bar close" which means it will trigger only if the conditions are met at the close of the candle.
So, if you've set your alert to trigger "Once per bar", it will alert you as soon as the criteria are met, even if the current candle hasn't closed yet. If you've set it to trigger "Once per bar close", then it will only alert you once the candle has closed and the criteria are still met.
Remember to adjust your settings according to your specific trading strategy and needs.