TheTradingParrot

TTP PSAR VOL MA signal

This indicator is based on this strategy
www.youtube.com/watch?v=UKLKxavJ...

Basically using:
- Parabolic SAR as deal open condition
- MA for trend following
- 3 different volume indicators: volume fight, VSA volume spread, Volume heatmap.

The signal allows you to decide how many volume indicators must be in confluence to trigger the deal open.
It also allows to toggle each individual volume indicator.

By default its setup for longs but it offers a setting to reverse to shorts.

IT prints 1 for deal open and also prints 2 for deal close. THe deal close comes from PSAR.

IT can be used with multiple backtesters like Risk Savage, Gavins backtester, etc.
Release Notes:
When doing shorts, top bubble now displayed in red to highlight that the indicator is in "short mode".

Join our membership to gain access to the private scripts.
www.thetradingparrot.com
Invite-only script

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 TheTradingParrot for more information, or follow the author's instructions below.

Please note that this is a private, invite-only script that was not analyzed by script moderators. Its compliance to House Rules is undetermined. TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Author's instructions

This indicator is available to all members of TTP thetradingparrot.com/tiers

Want to use this script on a chart?

Warning: please read before requesting access.