OPEN-SOURCE SCRIPT
[blackcat] L1 Python Friendly Lucid SAR
Level 1
Background
LUCID SAR is an interesting technical indicator. I'm having trouble converting this to Python code. So a "Python friendly" version was rewritten literally. Because some basic functions and structures have been replaced. The performance can be 100% consistent with LUCID SAR.
Function
Mr. Bowman wrote this script after having listened to Hyperwave with Sawcruhteez and Tyler Jenks of Lucid Mr. Bowmannvestments Strategies LLC on July 3, 2019. They felt that the existing built-in Parabolic SAR indicator was not doing its calculations properly, and they hoped that someone might help them correct this. So Mr. Bowman tried his hand at it,adding the rule regarding the SAR not advancing beyond the high (low) of the prior two candles during an uptrend (downtrend), but the core script is as it was.
https://cn.tradingview.com/script/OkACQQgL-Lucid-SAR/
I use large sized cross with red color for downtrend, with green color for uptrend, so that when I overlapped original work from Mr. Bowman, they can be 100% matched, which provided a validation process for this re-writing work. Enjoy!
Remarks
Feedbacks are appreciated.
Python version Lucid SAR performance discussion is desired.
Background
LUCID SAR is an interesting technical indicator. I'm having trouble converting this to Python code. So a "Python friendly" version was rewritten literally. Because some basic functions and structures have been replaced. The performance can be 100% consistent with LUCID SAR.
Function
Mr. Bowman wrote this script after having listened to Hyperwave with Sawcruhteez and Tyler Jenks of Lucid Mr. Bowmannvestments Strategies LLC on July 3, 2019. They felt that the existing built-in Parabolic SAR indicator was not doing its calculations properly, and they hoped that someone might help them correct this. So Mr. Bowman tried his hand at it,adding the rule regarding the SAR not advancing beyond the high (low) of the prior two candles during an uptrend (downtrend), but the core script is as it was.
https://cn.tradingview.com/script/OkACQQgL-Lucid-SAR/
I use large sized cross with red color for downtrend, with green color for uptrend, so that when I overlapped original work from Mr. Bowman, they can be 100% matched, which provided a validation process for this re-writing work. Enjoy!
Remarks
Feedbacks are appreciated.
Python version Lucid SAR performance discussion is desired.
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 publication is governed by House rules. You can favorite it to use it on a chart.
Want to use this script on a chart?
Avoid losing contact！Don't miss out! The first and most important thing to do is to join my Discord chat now! Click here to start your adventure: discord.com/invite/ZTGpQJq 防止失联，请立即行动，加入本猫聊天群: discord.com/invite/ZTGpQJq
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.