Parabolic SAR [Jwammo12] — Indicator by jwammo12

Volatility Parabolic Stop and Reverse (PSAR)

This is a different (dare I say, corrected?) version of the Parabolic SAR that doesn't use the current active close in its calculation. This changes the current SAR to only change when the extrema (high or low) changes.

the chart shows the difference between the built in SAR and the one I have modified.

Release Notes:

changed size of dots

Release Notes:

made dot size configurable

Release Notes:

updated to v4

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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