Parabolic Support Resistance -PSAR SR is based on the Dynamic Reversal Points of Price. This indicator eliminates the false signals of regular Parabolic SAR (Stop and Reverse). The Price of previous SAR Reversal point is plotted as Support and Resistance. The idea is to trade only after the previous reversal point is crossed and a new candle formation above /...
Target: The SumInd indicator combines Heiking Ashi, Sar Parabolic, Koncord, RSI, DMI, MACD and Bollinger Bands to give buy or sell signals or trends. This are called base indicators. The goal is to have a clear and quick buy or sell suggestion and to avoid evaluating all or some of the named indicators, especially if they give contradictory signals among them....
Long entry: PSAR gives buy signal BBPT prints green histogram ZLSMA is below the price ZLSMA has uptrend SL is smaller than the max SL Optional Sessions and EMA filters Short entry PSAR gives sell signal BBPT prints red histogram ZLSMA is above the price ZLSMA has downtrend SL is smaller than the max SL Optional Sessions and EMA filters SL: Placed below...
We took the code that we wrote in Myth Busting Strategy #6 to make it more profitable, specifically the timeframe adaptive Parabolic SAR logic and published this as a separate indicator to make it easier for others to use and adopt. There really is no magic to this. This indicator basically just evaluates the timeframe and derives a multiplier that is applied...
This is part of a new series we are calling "Strategy Myth-Busting" where we take open public manual trading strategies and automate them. The goal is to not only validate the authenticity of the claims but to provide an automated version for traders who wish to trade autonomously. Our sixth one we are automating is " I Tested ''7% Profit Per Day" Scalping...
This indicator is a detrended price series using the Parabolic Stop and Reverse (SAR) trailing stop, resulting in a bounded oscillator in the range (-100, 100). The SAR output is also normalized to obtain a noiseless oscillator which can complement the detrended price. Settings Start: Initial value of the convergence factor used when a new trend is detected...
Adaptive Parabolic SAR (PSAR) is an advanced Parabolic SAR with adaptive adjustments using either a Kaufman or an Ehlers smoothing algorithms. What is the Parabolic SAR? The parabolic SAR attempts to give traders an edge by highlighting the direction an asset is moving, as well as providing entry and exit points. In this article, we'll look at the basics of...
Parabolic SAR of KAMA attempts to reduce noise and volatility from regular Parabolic SAR in order to derive more accurate trends. In addition, and to further reduce noise and enhance trend identification, PSAR of KAMA includes two calculations of efficiency ratio: 1) price change adjusted for the daily volatility; or, 2) Jurik Fractal Dimension Adaptive...
Parabolic SAR MARSI, Adaptive MACD is a trend following indicator that combines MACD, Parabolic SAR, and RSI into a signal indicator. What is Parabolic SAR? The parabolic stop and reverse, more commonly known as the "Parabolic SAR," or "PSAR" is a trend-following indicator developed by J. Welles Wilder. It is displayed as a single parabolic line (or dots)...
INDICATOR DIRECTION TABLE WITH BULLISH AND BEARISH LABELS This is a table that shows the bullish, bearish or neutral trend for nine different popular indicators. Each indicator label will change color in real time to make you aware of each change in direction. This way you don’t have to read and analyze a bunch of different indicators constantly and you can focus...
This script displays the following indicators in one pane to quickly determine several important factors regarding price action. It allows the user to quickly see all of most important factors surrounding price action in one pane with one quick glance. This should be incredibly helpful and allow things like double divergence and trend confirmation to be spotted...
Hello! User @henryph24 suggested I make this script! This script calculates the cumulative and average gain/Loss of rising SAR following a price crossover of SAR. The cumulative and average gain/Loss of falling SAR following a price crossunder is also measured. Changes to the parameters of SAR will return the requisite calculations for evaluating performance....
NOTE: Indicator based strategies may expire and begin to work again. There are various ways to check the expiration of these strategies but I suggest equity curve trading (EC trading) as the best one. Please check every single indicator based strategy to see if it’s still profitable or it has been expired to avoid losses. Principles: I personally believe every...
The Parabolic Stop-and-Reservse (PSAR) is a trend indicator, intended to capture reversal signals and show entry and exit points. The PSAR is bullish when the PSAR is below the candle body (usually indicated by a dot) and bearish when the PSAR is above the candle body. The PSAR generally only moves in the direction of the trend, making it useful for markets with...
Moving Averages are price based, lagging (or reactive) indicators that display the average price of a security over a set period of time. A Moving Average is a good way to gauge momentum as well as to confirm trends, and define areas of support and resistance. Essentially, Moving Averages smooth out the “noise” when trying to interpret charts. Noise is made up of...
Dual PSAR is a trend following script that uses auto-higher timeframe calculation of the current timeframe to create a dual Parabolic Stop And Release. This is useful because it can determine periods of transition or indecision and can flag those periods with which way it is learning even though it is undecided, what i call "Wait Zones". When both PSARS are not in...
Hello everyone, the new table-functions came out, so I wanted to give it a try. With this indicator you can get an overview for your chart by looking at multiple timeframes and different type of indicators for each timeframe. How does it work? The indicator uses 3 different timeframes, which you can select in the settings-tab. For each timeframe it will look...
Works exactly as the standard PSAR with the only difference that a Moving Linear Regression Line (=Least Squares Moving Average, LSMA) is used as input. So the PSAR flip is triggered not by price itself but by the LSMA line.