-The Indicator starts with the SMA9 and SMA62 Simple moving averages which are plotted on chart. (SMA9 is Green, SMA62 is Red.)
-SMA Crosses are plotted indicating trend direction (whether or ) and will print Longs or Shorts on the chart as long as Indicator filtering settings align.
-The appears on the chart as a series of dots, either above or below an asset's price, depending on the direction the price is moving.
-Red dots indicate , whereas green dots indicate . The PSAR Indicator will do well on larger scale time frames for trend detection.
The indicator is published with settings UNFILTERED: It will be up to the end user to tweak / / filtering by asset should they want to clean up entries.
Alerts are able to be set upon the PSAR Indicator as Long or Short which can be used to trade off of.
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If PSAR is Long, only Long alerts will be thrown.
Is PSAR is Short, only Short alerts will be thrown.
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact STP_Todd for more information, or follow the author's instructions below.
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Warning: please read before requesting access.