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PROTECTED SOURCE SCRIPT
Updated

200 EMA Filtered Parabolic SAR

67 735
This script uses Parabolic SAR with the 200 EMA to determine long and short trends. Only long signals are given when the price is above the 200MA and shorts when it is below. Signals are further filtered using ADX to reduce noise.

Suitable for trading bots where open positions in the same type are set to be ignored.

Alerts are built in.
Release Notes
Added optional alerts for exits
Release Notes
Adjusted filtering on entries
Release Notes
Switching snapshot image to classic candles
Release Notes
Added the option to plot the 21 EMA

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

colinmck
15minADXalertsAverage Directional Index (ADX)Exponential Moving Average (EMA)Parabolic Stop and Reverse (PSAR)signals

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.
15minADXalertsAverage Directional Index (ADX)Exponential Moving Average (EMA)Parabolic Stop and Reverse (PSAR)signals

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

colinmck

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.