Parabolic SAR

14 Mar 2019

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

3 Ağu 2019

Sürüm Notları

• Added Buy/Sell alerts
  
• Added Buy/Sell labels
  

8 Ağu 2019

Sürüm Notları

• Fixed alert messages
  

12 Eki 2019

Sürüm Notları

• Converted to V4
  
• Added long/short state highlighting
  

27 Kas 2020

Sürüm Notları

• Update
  

28 Tem

Sürüm Notları

• Pine Script V6
  
• Minor UI improvements
  
• Refactoring
  

If you need any customization, feel free to contact me via direct messages or on Telegram.
Good luck!