Adaptive Parabolic SAR (APSAR) - [MYN] — Indicator by myncrypto

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.

If you're interested in exploring and discovering other high quality free strategies come join us in Discord: discord.gg/2wkm9QqSuY

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Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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