Parabolic SAR [Jwammo12]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.
Cerca negli script per "parabolic SAR"
Parabolic SAR [with Algorithm and Alerts]Hello All,
In one of my projects I needed Parabolic SAR algorithm. I decided to write it in Pine and publish it. Then I added Alerts and Labels. here it is ;)
ENJOY!
Parabolic SAR Alerts (on close) [QuantNomad]This is study with alerts for my previously published strategy:
Use "Once Per Bar Close" alerts.
Parabolic SAR Heikin Ashi MTF Candle ScalperThis is scalper strategy designed around parabolic sar indicator, where as an input candle value it uses the heikinashi from a higher timeframe.
This example has been adapted to SPY/SPX chart
In this case ,we are using a 5 min chart, but the calculations are made on a 15 min heikin ashi chart for the PSAR and then on 5 min chart we plot the results.
At the same time we are conditioning the entry to be base on a time/session for daytrading/scalper mentality
In this case we only enter within the first 30 min of SPY opening session , and then we exit after 3-4 hours of staying in the position ( unless we hit a reverse condition).
For long condition we enter when the mtf ha candle close is above the mtf psar and for short condition we enter when the mtf ha candle close is below the mtf psar
This script is made with an educational purpose to show the power of multiple time frame approach compared to a single chart.
If you have any questions, let me know !
Parabolic SAR Strategy With take profit and stop lossDo not make it too difficult!
This is my first strategy! I took the Parabolic SAR Strategy and added Stop Loss and Take profit, and I can see some fantastic results in 2h-3h-4h on some of the Crypto coins.
This is for training only, and I do not recommend using it as part of a trading bot, however, I do myself.
Parabolic SAR with Volatility Filter: Buy Alerts for 3commasHey folks and fellow 3commas users !
Here is a new signal generator for your DCA bot on 3commas.
This is a classic Parabolic SAR indicator with a filter for volatility.
NOTE: This is a repainting strategy by design. Recommended to use with "Once per bar" alert style for PSAR
Trend Following ADX + Parabolic SAR### Strategy Description: Trend Following using **ADX** and **Parabolic SAR**
This strategy is designed to follow market trends using two popular indicators: **Average Directional Index (ADX)** and **Parabolic SAR**. The strategy attempts to enter trades when the market shows a strong trend (using ADX) and confirms the trend direction using the Parabolic SAR. Here's a breakdown:
### Key Indicators:
1. **ADX (Average Directional Index)**:
- **Purpose**: ADX measures the strength of a trend, regardless of direction.
- **Usage**: The strategy uses ADX to confirm that the market is trending. When ADX is above a certain threshold (e.g., 25), it indicates a strong trend.
- **Directional Indicators**:
- **DI+ (Directional Indicator Plus)**: Indicates upward movement strength.
- **DI- (Directional Indicator Minus)**: Indicates downward movement strength.
2. **Parabolic SAR**:
- **Purpose**: Parabolic SAR is a trend-following indicator used to identify potential reversals in the price direction.
- **Usage**: It provides specific price points above or below which the strategy confirms buy or sell signals.
### Strategy Logic:
#### **Entry Conditions**:
1. **Long Position** (Buy):
- **ADX** is above the threshold (default: 25), indicating a strong trend.
- **DI+ > DI-**, indicating the upward trend is stronger than the downward.
- The price is above the **Parabolic SAR** level, confirming the upward trend.
2. **Short Position** (Sell):
- **ADX** is above the threshold (default: 25), indicating a strong trend.
- **DI- > DI+**, indicating the downward trend is stronger than the upward.
- The price is below the **Parabolic SAR** level, confirming the downward trend.
#### **Exit Conditions**:
- Positions are closed when an opposite signal is detected.
- For example, if a long position is open and the conditions for a short position are met, the long position is closed, and a short position is opened.
### Parameters:
1. **ADX Period**: Defines the length of the period for the ADX calculation (default: 14).
2. **ADX Threshold**: The minimum value of ADX to confirm a strong trend (default: 25).
3. **Parabolic SAR Start**: The initial step for the SAR (default: 0.02).
4. **Parabolic SAR Increment**: The step increment for SAR (default: 0.02).
5. **Parabolic SAR Max**: The maximum step for SAR (default: 0.2).
### Example Trade Flow:
#### **Long Trade**:
1. ADX > 25, confirming a strong trend.
2. DI+ > DI-, indicating the market is trending upward.
3. The price is above the Parabolic SAR, confirming the upward direction.
4. **Action**: Enter a long (buy) position.
5. Exit the long position when a short signal is triggered (i.e., DI- > DI+, price below Parabolic SAR).
#### **Short Trade**:
1. ADX > 25, confirming a strong trend.
2. DI- > DI+, indicating the market is trending downward.
3. The price is below the Parabolic SAR, confirming the downward direction.
4. **Action**: Enter a short (sell) position.
5. Exit the short position when a long signal is triggered (i.e., DI+ > DI-, price above Parabolic SAR).
### Strengths of the Strategy:
- **Trend-Following**: It performs well in markets with strong trends, whether upward or downward.
- **Dual Confirmation**: The combination of ADX and Parabolic SAR reduces false signals by ensuring both trend strength and direction are considered before entering a trade.
### Weaknesses:
- **Range-Bound Markets**: This strategy may perform poorly in choppy, non-trending markets because both ADX and SAR are trend-following indicators.
- **Lagging Nature**: Since both ADX and SAR are lagging indicators, the strategy may enter trades after the trend has already started, potentially missing early profits.
### Customization:
- **ADX Threshold**: You can increase the threshold if you only want to trade in very strong trends, or lower it to capture more moderate trends.
- **SAR Parameters**: Adjusting the SAR `start`, `increment`, and `max` values will make the Parabolic SAR more or less sensitive to price changes.
### Summary:
This strategy combines the ADX and Parabolic SAR to take advantage of strong market trends. By confirming both trend strength (ADX) and trend direction (Parabolic SAR), it aims to enter high-probability trades in trending markets while minimizing false signals. However, it may struggle in sideways or non-trending markets.
For Educational purposes only !!!
Interactive SAR Stop-Loss [TANHEF]This indicator is "Interactive" which means some inputs can are manually added through the first click after adding the indicator to the chart (SAR Trailing Stop-loss start point).
Unlike the normal Parabolic SAR, this indicator allows for the modification of the start point of the Parabolic SAR’s first bar calculation. Normally, the Parabolic SAR automatically has a start point after the first bar of an asset’s historical price that will then switch between trailing above and below price respectively. It must be noted that due to how the first position of the Parabolic SAR is calculated, on occasion the Parabolic SAR will immediately flip on the next bar to the opposite side relative to price that it was just located. Modifying the setting “⭐Initial Interactive SAR Position Source”, then selecting either 'Clicked' or 'ATR' level as the vertical start position will prevent this. See images below for more explanation.
Why use a trailing stop-loss?
A trailing stop-loss provides an exit when price moves against you but also enables you to move the exit point further into profit when price is moving in the desired direction of a trade. The Parabolic SAR ( stop and reverse ) which is used to determine price direction as well as when price direction is changing, is very effective at functioning as a trailing stop loss.
Indicator Explanation
Initially when this indicator is added to the chart, you will be prompted to select where to begin the SAR Trailing Stop-loss.
For a long stop-loss, select below price.
For a short stop-loss, select above price.
After this indicator is placed, it can be modified via dragging or from within the settings by modifying the time and the price input. Or simply re-add the indicator to the chart. Another option is to have this Parabolic SAR begin directly on the price that was initially ‘Clicked’ or the ‘ATR’ level, which requires selecting the option in settings labeled “⭐Initial Interactive SAR Position Source”
The SAR Stop Loss plotted. Note that the calculation that occurs on this first bar of the ‘Interactive SAR’ is as if the prior bar was the oldest historical bar of the asset. Due to the SAR’s calculations, if the ‘Normal SAR’ were to also flip sides over to the position that has been manually set for the ‘Interactive SAR’, they won’t necessarily have the same result.
An optional fixed profit target can be added within the settings. This profit target will only actively be plotted when the SAR Trailing Stop-loss has not be hit yet or until the profit target has been hit.
Here shows that the profit target was hit, then later on the SAR Trailing Stop-loss was hit.
Note, trailing stop-loss will continue to be plotted until it has been hit regardless of the profit target being hit or not.
Here is an example of when the Parabolic SAR will immediately flip on the next bar to the opposite side relative to price that it was just first located. This is due to how the Parabolic SAR is calculated and will also occur with the traditional Parabolic SAR that is not interactively (manually) given a start location. To prevent this, either relocate this time in which this SAR beings or consider modifying the SAR’s (start, increment, max) settings specifically.
Here instead of using the SAR’s calculation for an initial bar, the ‘ATR’ was selected as the start point within the setting “⭐Initial Interactive SAR Position Source”.
Alerts
1. 'Check' alerts to use within indicator settings (trailing stop hit and/or profit target hit).
2. Select 'Create Alert'
3. Set the condition to 'Interactive SAR''
4. Select create.
Adaptive Parabolic SAR (PSAR) [Loxx]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 this indicator and show you how you can incorporate it into your trading strategy. We'll also look at some of the drawbacks of the indicator.
The parabolic SAR is a technical indicator used to determine the price direction of an asset, as well as draw attention to when the price direction is changing. Sometimes known as the "stop and reversal system," the parabolic SAR was developed by J. Welles Wilder Jr., creator of the relative strength index (RSI).1
On a chart, the indicator appears as a series of dots placed either above or below the price bars. A dot below the price is deemed to be a bullish signal. Conversely, a dot above the price is used to illustrate that the bears are in control and that the momentum is likely to remain downward. When the dots flip, it indicates that a potential change in price direction is under way. For example, if the dots are above the price, when they flip below the price, it could signal a further rise in price.
Additional Options
Toggle signals on/off
HiLo mode
Kaufman adaptive, Ehlers adaptive, or non adaptive
Filter by Pips
Minimum Change by Pips
Color bars
Enjoy!
Multi-Timeframe Parabolic SAR Strategy ver 1.0Multi-Timeframe Parabolic SAR Strategy (MTF PSAR) - Enhanced Trend Trading
This strategy leverages the power of the Parabolic SAR (Stop and Reverse) indicator across multiple timeframes to provide robust trend identification, precise entry/exit signals, and dynamic trailing stop management. By combining the insights of both the current chart's timeframe and a user-defined higher timeframe, this strategy aims to improve trading accuracy, reduce risk, and capture more significant market moves.
Key Features:
Dual Timeframe Analysis: Simultaneously analyzes the Parabolic SAR on the current chart and a higher timeframe (e.g., Daily PSAR on a 1-hour chart). This allows you to align your trades with the dominant trend and filter out noise from lower timeframes.
Configurable PSAR: Fine-tune the PSAR calculation with adjustable Start, Increment, and Maximum values to optimize sensitivity for your trading style and the asset's volatility.
Independent Timeframe Control: Choose to display and trade based on either or both the current timeframe PSAR and the higher timeframe PSAR. Focus on the most relevant information for your analysis.
Clear Visual Signals: Distinct colors for the current and higher timeframe PSAR dots provide a clear visual representation of potential entry and exit points.
Multiple Entry Strategies: The strategy offers flexible entry conditions, allowing you to trade based on:
Confirmation: Both current and higher timeframe PSAR signals agree and the current timeframe PSAR has just flipped direction. (Most conservative)
Current Timeframe Only: Trades based solely on the current timeframe PSAR, ideal for when the higher timeframe is less relevant or disabled.
Higher Timeframe Only: Trades based solely on the higher timeframe PSAR.
Dynamic Trailing Stop (PSAR-Based): Implements a trailing stop-loss based on the current timeframe's Parabolic SAR. This helps protect profits by automatically adjusting the stop-loss as the price moves in your favor. Exits are triggered when either the current or HTF PSAR flips.
No Repainting: Uses lookahead=barmerge.lookahead_off in the security() function to ensure that the higher timeframe data is accessed without any data leakage, preventing repainting issues.
Fully Configurable: All parameters (PSAR settings, higher timeframe, visibility, colors) are adjustable through the strategy's settings panel, allowing for extensive customization and optimization.
Suitable for Various Trading Styles: Applicable to swing trading, day trading, and trend-following strategies across various markets (stocks, forex, cryptocurrencies, etc.).
How it Works:
PSAR Calculation: The strategy calculates the standard Parabolic SAR for both the current chart's timeframe and the selected higher timeframe.
Trend Identification: The direction of the PSAR (dots below price = uptrend, dots above price = downtrend) determines the current trend for each timeframe.
Entry Signals: The strategy generates buy/sell signals based on the chosen entry strategy (Confirmation, Current Timeframe Only, or Higher Timeframe Only). The Confirmation strategy offers the highest probability signals by requiring agreement between both timeframes.
Trailing Stop Exit: Once a position is entered, the strategy uses the current timeframe PSAR as a dynamic trailing stop. The stop-loss is automatically adjusted as the PSAR dots move, helping to lock in profits and limit losses. The strategy exits when either the Current or HTF PSAR changes direction.
Backtesting and Optimization: The strategy automatically backtests on the chart's historical data, allowing you to evaluate its performance and optimize the settings for different assets and timeframes.
Example Use Cases:
Trend Confirmation: A trader on a 1-hour chart observes a bullish PSAR flip on the current timeframe. They check the MTF PSAR strategy and see that the Daily PSAR is also bullish, confirming the strength of the uptrend and providing a high-probability long entry signal.
Filtering Noise: A trader on a 5-minute chart wants to avoid whipsaws caused by short-term price fluctuations. They use the strategy with a 1-hour higher timeframe to filter out noise and only trade in the direction of the dominant trend.
Dynamic Risk Management: A trader enters a long position and uses the current timeframe PSAR as a trailing stop. As the price rises, the PSAR dots move upwards, automatically raising the stop-loss and protecting profits. The trade is exited when the current (or HTF) PSAR flips to bearish.
Disclaimer:
The Parabolic SAR is a lagging indicator and can produce false signals, particularly in ranging or choppy markets. This strategy is intended for educational and informational purposes only and should not be considered financial advice. It is essential to backtest and optimize the strategy thoroughly, use it in conjunction with other technical analysis tools, and implement sound risk management practices before using it with real capital. Past performance is not indicative of future results. Always conduct your own due diligence and consider your risk tolerance before making any trading decisions.
Nebula SAR Echo📈 Overview:
The "Nebula SAR Echo" is a sophisticated technical analysis tool designed for traders seeking enhanced trend detection. This indicator combines the robust Parabolic SAR mechanism with gradient color coding to provide clear visual insights into market trends.
🎯 Key Features:
Advanced Parabolic SAR Calculation:
Utilizes dynamic coefficients for more responsive and accurate trend detection.
Highlights trend reversals with visual markers for immediate identification.
Gradient Color Coding:
Gradient colors dynamically reflect the strength and direction of the trend.
Bullish trends are represented in shades of green, while bearish trends are shown in shades of red.
User-Friendly Customization:
Easily adjustable parameters for acceleration factors and gradient color use.
💡 Benefits:
Enhanced Decision Making:
Combines real-time trend analysis to assist traders in making more informed decisions.
Visual Clarity:
Clear visual markers and gradient color coding simplify the interpretation of market trends.
Helps traders quickly identify key turning points and potential future price paths.
🔍 Use Cases:
Trend Identification:
Ideal for identifying ongoing trends and potential reversals in various market conditions.
Useful for both short-term trading strategies and long-term investment planning.
Risk Management:
Gradient color coding aids in assessing trend strength and potential volatility.
Traders can set more precise stop-loss and take-profit levels based on the trend strength.
⚙️ How to Use:
1. Parameter Setup:
Set the desired acceleration factors (start, increment, and max) for the Parabolic SAR.
Enable or disable gradient colors based on personal preference.
2. Interpretation:
Use the SAR values and gradient colors to gauge current market trends.
3. Alerts:
Set up alert conditions for bullish and bearish reversals to stay notified of significant market changes.
🔹 Conclusion:
The "Nebula SAR Echo" is a versatile and powerful tool for traders who require an in-depth analysis of market trends. By leveraging the advanced Parabolic SAR calculation and gradient color coding, this indicator provides a comprehensive view of market conditions, making it an indispensable addition to any trader's toolkit.
Kozlod - Parabolic SAR Strategy AlertsAlerts for standard Parabolic SAR Strategy.
It works best with "Once per bar" option.
Legacy version of Parabolic SAR in PineThis script provides the version of Parabolic SAR algorithm that uses legacy behavior (adding minTick=1e-7 on every bar where sar=high and substracting it on every bar where sar=low).
Adaptive Parabolic SAR (APSAR) - [MYN]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 to the PSAR Max attribute.
Supertrend (MTF) & Parabolic SAROne of my mixed approach strategy indicators which includes:
- Parabolic SAR
- 1 Hour Supertrend
- 4 Hour Supertrend
Whilst this script may appear slow due to the 4hr Supertrend, it does a great job of managing breakouts.
Using this indicator is simple, if the line labeled Lifetime is green then buy, if red then sell OR don't trade. So...
Green Line - This strategy is in a buy position
Red Line - This strategy is in a sell position
Any other Color - DON'T TRADE
The traders approach is simple, when all indicators are green or red, then take the trade. As soon as one indicator changes, then re-evaluate using your normal process, such as price action, to determine whether to close the trade or continue.
If you require any further information or script modifications, please message me.
PLEASE CHECK OUT MY OTHER SCRIPTS
ATR Parabolic SAR Strategy [QuantNomad]I created a version of Parabolic SAR when I accelerate it not based on the difference from the extreme point but based on current ATR. So the idea is that for a more volatile market it should move faster.
Performance is calculated based on 25% equity invested and 0.1% commission.
What do you think about it? Does it make sense to do something like that?
Do you have in mind other ways I can accelerate it when the market starts to be more volatile?
Disclaimer
Please remember that past performance may not be indicative of future results.
Due to various factors, including changing market conditions, the strategy may no longer perform as good as in historical backtesting.
This post and the script don’t provide any financial advice.
Briz Parabolic SAR Party Indicator A ridiculous amount of parabolic SARs at different locked time frames with moving fast, slow, and med SAR.
Casey's Parabolic SARI whipped together this script after having listened to Hyperwave with Sawcruhteez and Tyler Jenks in the evening on July 3, 2019. They felt that the existing Parabolic SAR was not doing its calculations properly, and they hoped that someone might help them correct this. So I tried my hand at it, learning Pine as I went. I don't know if this script works properly (so don't use it!), but it does show a trend change on the weekly this week as it apparently should. I'm making the script public so that Sawcruhteez and Tyler Jenks can take a look at it.
MIT License
Copyright (c) 2019 Casey Bowman
Permission is hereby granted, free of charge, to any person obtaining a copy
of this software and associated documentation files (the "Software"), to deal
in the Software without restriction, including without limitation the rights
to use, copy, modify, merge, publish, distribute, sublicense, and/or sell
copies of the Software, and to permit persons to whom the Software is
furnished to do so, subject to the following conditions:
The above copyright notice and this permission notice shall be included in all
copies or substantial portions of the Software.
THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR
IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY,
FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE
AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER
LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM,
OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE
SOFTWARE.
Multi StrategyDuring the course of a trade, we can find ourselves changing strategies depending on the market. Instead of using many different templates, I have a simple indicator that clearly says "Buy", "Sell" or "Stay Out". The great thing about this approach, is we instantly observe the majority are in agreement and that decides which way to place our trade.
This indicator includes the following strategies:
- QQE
- Ichimoku using much faster settings.
- Parabolic SAR
- Supertrend
- TTM Oscillator
- The Squeeze strategy
- The Alligator Strategy
Using this indicator is simple, if the lines are mainly green then buy, if mainly red then sell OR don't trade. So...
Green Line - This strategy is in a buy position
Orange or Black Line - This strategy is undecided
Red Line - This strategy is in a sell position
There are also some green and red circles for reference that appear showing when that bar has broken through the Ichimoku cloud.
The trader's approach is simple, when all indicators are green or red, then take the trade. As soon as one indicator changes, then re-evaluate using your normal process, such as price action, to determine whether to close the trade or continue.
I can customise this further or add other strategies, please message me.
Pivot Boss 4 EMA + BB + Parabolic SAR + IchimokuA combination of a few of my favorite indicators.
1) Pivot Boss 4 EMA
2) Bollinger Bands
3) Parabolic SAR
4) Ichimoku Cloud
All credit to original authors.