Miyagi PSAR v1.01
Miyagi indicators combine multiple trigger conditions and place them in one toolbox for traders to easily use, produce alerts, backtest, reduce risk and increase profitability.
The Parabolic Sar (PSAR) can be a great indicator to trade with, when the trend can be determined.
The Miyagi PSAR is built off PSAR by Everget - tradingview.com/script/MddD4giy-Parabolic-SAR/.
Miyagi PSAR aims to improve in areas that other PSAR Scripts lack in by adding the special Miyagi touch.
Due to the way calculations are done, this script will NOT repaint.
Features:
-The script has standard PSAR Settings (Start/Increment/Maximum and Width) which are adjustable.
-User defined above/below AMA % setting to filter out entries X% away from the AMA line. No Long Above AMA % added on user selectable input. No Short Below AMA % added on user selectable input.
-Disable repeating Longs once % hit will not allow any further trades if price moves X% away.
-HTF Filtering, as standard, will allow you to only trade when all HTF's agree.
-Volume filter implemented in Millions USD can allow users to avoid trading pairs with low liquidity.
-Time Filter implemented to define your trading times and conditions.
-EMA Filtering implemented as an additional check to the "PSAR" trend. Select this and your timeframe should you want to use EMA's for trend filtering.
-Added RSI Filtering to filter signals. RSI filtering has both minimum and maximums for both directions to allow users to filter signals according to their trading conditions.
-Added ADX Filtering to filter signals. ADX filtering has both minimum and maximums for both directions to allow users to filter signals according to their trading conditions.
-Added MFI Filtering to filter signals. MFI filtering has both minimum and maximums for both directions to allow users to filter signals according to their trading conditions.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact miyagi-trading directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact miyagi-trading directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.