OPEN-SOURCE SCRIPT
已更新

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
Profitable Parabolic SAR

版本注释
  • Added Buy/Sell alerts
  • Added Buy/Sell labels
版本注释
  • Fixed alert messages
版本注释
  • Converted to V4
  • Added long/short state highlighting
版本注释
  • Update

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