LonesomeTheBlue

Sar-MA System

This Script uses Parabolic SAR (developed by Welles Wilder) and some Moving Averages to calculate BUY/SELL and Close Buy/Close Sell points. Additionally the script adds Stop Loss line that is calculated by using Average True Range (ATR).

Basically, script checks the Parabolic SAR and gets confirmation from moving averages or parabolic sar of the higher time frame.

You will not be in a position all the time because if there is no comfirmation then you need to wait for it. For example after closing BUY position, if no confirmation from MAs or higher time frame SAR then there will not be short position, or vice versa.

if you use it please comment.


If you find this script useful, please consider a donation
BTC: 16XRqyS3Vgh1knAU1tCcruqhUrVm4QWWmR


Sürüm Notları: Added an option "Give Signal After Bar closed", if you select this option then the signal will not appear at the beginning.
Sürüm Notları: Fixed some wording
Favori Komutlardan Çıkart Favori Komutlara Ekle
If you find my works useful, please consider a donation
BTC: 19qDW9AShZhBZsGuXcgRzam5Fbpc3EU8EV
ETH: 0x39c8552371b9b7f4e324197af460ba8bc8e18ef9

Yorumlar

hi, in wich timeframe is more reliable?
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Awesome script mate. I'd love to contribute if possible. You can keep all future donations I don't mind.
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Hi,great works! How much donation can I got the open script to modify?
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hey, great work! I want use this system. Can i have a try or buy it?
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LonesomeTheBlue qinghuan-deep
@qinghuan-deep, it's free indicator. click "Add to Favorite scripts" and use it. it may have repaint issue.
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