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
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Added an option "Give Signal After Bar closed", if you select this option then the signal will not appear at the beginning.
Hi,great works! How much donation can I got the open script to modify?
DonWlad
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can I generate alerts in tradingview for buy and sell? is there any help for it? Thank you very much for the indicator, excellent work.
nagbar90
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Thank you for your work. Very good for manual trading. Can you do an alert?
LokumCoin
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Hello. The best indicator I've ever seen. I want to install a bot on this indicator, but I can't. can you give me the codes please? Or can you sell it? aktasrmz@gmail.com
jebra
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hi sir
great .
very good.
can i access to your strategy.
witch used MA ? thanks
perceptionfund
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Noticed you said may have repainting issues. Does it repaint? looks like a good system
Blackbeard87
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Selam @LonesomeTheBlue, maalesef source kodunu paylaşmamışın. Bu sistemin bir strateji versiyonunu olsa, süper olurdu. Bunu yapabilir misin veya kodu benimle paylaşabilir misin, böylece ben kodlardim?
dimonasa88
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make working alerts, or instructions on how to enable them so that they work
Master97421
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Hi, thank you for this job Can I have the open script please ?