OPEN-SOURCE SCRIPT

Parabolic SAR Buy Zone

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📈 Parabolic SAR Buy Zone — Early Trend Reversal Indicator
This script highlights bullish reversals based on the Parabolic SAR (Stop and Reverse) indicator.

🧠 Key Features:
Uses SAR parameters: Start: 0.02, Increment: 0.005, Max: 0.2

Visually marks the Buy Zone when SAR falls below the price

Background is light blue to show accumulation or early reversal zones

Yellow SAR dots help identify trend direction and potential exits

Includes alerts when SAR flips from bearish to bullish, signaling potential entry points

✅ Best Used For:
Identifying early trend reversals

Swing trading setups on daily or weekly charts

Combining with volume, RSI, or support zones for confirmation

🛎️ Customize alert to stay notified when new buy zones appear on your favorite stocks or cryptos.

Penafian

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