OPEN-SOURCE SCRIPT

SAR e Bollinger Bands Combinate

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This TradingView script combines the analytical power of the Parabolic SAR with Bollinger Bands (BB) for a comprehensive dual market analysis.
The Parabolic SAR tracks the trend's direction and momentum, plotting points as lime crosses (uptrend) or red crosses (downtrend), and clearly marks trend reversals with a small triangle at the bottom of the chart.
Bollinger Bands measure market volatility and provide dynamic support and resistance levels. The space between the upper and lower bands is filled for enhanced visual clarity.
The indicator is fully customizable, allowing users to fine-tune all key parameters, including the SAR's Acceleration Factor (AF) and the BB's Period/Standard Deviation. This makes it an ideal tool for simultaneously identifying trend momentum, potential reversals, and overbought/oversold market conditions.

Penafian

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