OPEN-SOURCE SCRIPT

Parabolic SAR

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This script is a Parabolic SAR implementation based on Thinkorswim (TOS) default specifications.

Key Features:

Continuous Line: Instead of discrete dots, this version uses a continuous line to better visualize the acceleration and trailing stop levels.

Auto-Color Trend: The line automatically changes color based on the trend (Green when below price, Red when above).

TOS Standard: Default parameters are set to Acceleration Factor 0.02 and Limit 0.2.

Best For:
Protecting profits during high-momentum moves. The accelerating nature of the line helps traders exit efficiently as soon as price momentum begins to fade.

Pernyataan Penyangkalan

Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.