Moving Average Stop and Reverse v2 (MASAR) [cI8DH]

This indicator is an alternative to Parabolic Stop and Reverse indicator. It is primarily used to identify points of potential stops and reverses.

Instead of using a static parabolic curve, this indicator adjusts dynamically. Read here to learn more about the usage of this indicator.

I tested the strategy version of this indicator on Coinbase:BTCUSD and compared the results to the Parabolic SAR . I changed the settings on both indicators to achieve the best results on each indicator. This indicator outperformed the Parabolic SAR by a large margin.

You need to calibrate the indicator depending on the asset and time frame. Default options are calibrated for 1h on BTCUSD. It works best in trending markets.

This indicator has a multi timeframe feature as well.

Here is a TL;DR list of my indicators to save you some time from looking at my obsolete indicators.

Release Notes

- a minor update

Protected script

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

cI8DH

Also on:

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.

Protected script

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

cI8DH

Also on: