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.
@rossguillermo, Hi, I don't think I have alerts for it for now. I will try to publish alerts asap.
KsLaw
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@QuantNomad, would be great if you can add to it, thanks!
mscarborough
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This is absolutely brilliant as an exit indicator! This is what I've been looking for.
Piticu
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Hi, thank for this code but not sure if you know this is not working in replay mode, has something to do with barstate? as not fully understand the role from line 52,53
frostyfoxy69
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@Piticu, hey mate, wondering if you ever got to solve it? I tried and cant myself kek
Piticu
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@frostyfoxy69, Hello No I didn`t but there is a strategy inbuild Trading view for PSAR who works in replay
ClaudioMrAbracadra
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does it repaint?
QuantNomad
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@starlight73, nope
immoz1
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Hi, Thanks for a great script. I want to add alert to the moment PSAR change (not the open position signal), is that possible? If so, how can i do that? Thanks
Thanks,