Swing Determinator Parabolic SAR

v10.3
Swing Determinator Parabolic SAR

This Swing determiner is based on the Parabolic SAR indicator trend by Welles Wilder. The dots above or below the price evolve in a parabolic shape to the price and are used to exit a trade (the stoploss).

When a red (short) or blue (long) candle is formed after a swing of Parabolic SAR, an entry order can be placed after the close, in the direction of the color. After the entry the stoploss order is trailed on the dots of the Parabolic SAR. The exit is when the stoploss is hit.

The grey candles will be ignored as entry signal.

Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

New! PRC is also now on YouTube, subscribe to our channel for exclusive content and tutorials

  1. xaji • 286 days ago #

    Hi,
    How are you drawing the parabolic line on the price chart? I have added your indicator and SAR indicator, but the parabolic line is not displayed as in your screenshot.

    Thanks

  2. Marcel • 283 days ago #

    The line is just a moving average line. The indicator reacts on the Parabolic SAR dots.

  3. Mattzi • 277 days ago #

    I dont get the dots! What am i doing wrong? 🙂

    • Mattzi • 276 days ago #

      Ignore this comment 😉

avatar
Register or

Likes

avatar avatar avatar
Related users ' posts
Ciccio
1 week ago
Swinglines
v10.3
Swinglines
0
Indicators
Nicolas
2 months ago
Actabi Thank you ! Have you realised your "next step" ?
Jessar guten Tag, gibt es bereits die Aktualisierte Datei?
Per Inge Gents - An update - I have been studying various trading approaches, as this one that is bas...
Abz Violet , when trying to automate this my trades are not opening at the same entry point as w...
Violet Abz, the arrows and circles are only the *first part* of a trade setup. If certain conditio...
gabri Violet, you did an excellent job. I attached here https://www.prorealcode.com/prorealtim...
gabri Gianni, io non faccio trading automatico ma sono sicuro che Nicolas ti potra' aiutare.
Matt B Bonjour, Savez-vous à combien de bougies après apparaît l'ellipse ? Il faut faire attention,...
Matt B RolanBay, L'ellipse apparaît-elle à la bougie notifiée et reste ?
Nicolas What do you want to do exactly? Because dots are plotted afterwards..
rama I want to place buy or sell order just after the last man , what is the code to use ? i tr...
Nicolas But it should, please open a new specific topic in the ProOrder automatic trading forum.
Jessar Hello, could you tell me how to use this indicator? I think the simplest things can still be...
MattD Hi Nicolas, (me again) Can you please clarify the following. maOpen=(maOpen[1]*(MAper...
Ayoub86 Hi, I get this error: "Errore di sintassi: Linea 48, carattere 27 Uno dei seguenti carat...
Nicolas Your PRT version is inferior to 10.3? So the code in its default state is not compatible. A ...
Bougnat bonjour, ton screener semble intéressant .... merci pour le partage
atxeel Real Awesome, thank you man!
rispardin no entiendo como funciana este indicador, por favor alguien podria explicar como utilizarlo???
AVT No se trata de un solo indicador, pero cada linea muestra otra información, de abajo hacia ...
Nicolas
2 years ago
Loop Hi All! Would it be possible to have the same indicator with the MACD calculated with the DE...
Nicolas Why not, but do you think it would make such a noticeable difference?
Loop Good question Nicolas! That's why I was curious to check it! MACD based on DEMA is usually m...
ricksportel @JohnVS So how are things working out with this indicator 9 months later? Did it help you...
ricksportel //PRC_swing teller live count2 | indicator //version with rounded numbers and below/above...
Edward Small The F markers are nice but many seem to fail and not signal a reversal. But my main concern ...
Nicolas Yes, colouring background by code is only available in the version 10.3. with the instructio...
ludo7769 Hello , J'ai la version 10.2 et ca ne marche pas, qu'est ce qui coince ?  Merci a vous 
eisi If i switch between different Markets, the Backgroundcolour will appear where it should not...
Madrosat Quelqu'un pourrait il répondre à cette question restée sans suite???
denmar Hi Could somebody please enlighten me how this code operates. I wish to use the code (is...
denmar Testing email notification to Denmar
Adolfo Onrubia Hi, fisrtly thanks for your interest on it. :) Variable "c" is to set your initial capital ...
Adolfo Onrubia Ups! Sorry. Variable "S" is to set an specific Spread if needed. Could be "0", or the distan...
GraHal Hi Adolfo, big thank you for your code, but I am a bit confused. Spread is the difference b...
Investment Account Wow great thanks ... looks good! Do I set the colour shades up from within the indicator 's...
TradeRanger Thanks for your comments and yes, that is exactly how I set up the colour levels.
Vish Thanks I have added this in my watch list. Has anyone tried it yet ? Does it work on currenc...

Top