Validated PSARPSAR works well as trailing stop loss (or WinStop), but is often whipsaw'd as it detect trend changes over enthusiastically.
So, a filter to validate trend changes was added. It basically requires 3 straight bars completely breaking the prior saved PSAR level.
Enjoy!
Parabolic Stop and Reverse (PSAR)
WinStopSimple trend following indicator, trend defined by validated Parabolic SAR; Entry defined by Keltner channel and RSI. I call this "WinStop" as the exits are defined by the Parabolic SAR crossings, like a stoploss, but no losses involved lol.
Let me know if you need help trading with this.
MTF Trailing SL Alerts [QuantNomad]These are alerts for my MTF Trailing SL Strategy.
Entry Long position if all 4 time-frames agree on the long signal.
Exit Long positions when at least 2 time-frames disagree on the long signals.
Entry to Short position if all 4 time-frames agree on Short signal.
Exit from Short positions when at least 2 time-frames disagree on Short signal.
Use "Once Per Bar Close" when creating alerts.
Link to the strategy:
TKP Short/Long IndicatorThis script uses T3 Moving averages and a modified Parabolic Sar Calculation to help Identify trend reversals, but can also keep you in the predominant direction of strong trending price action.
PRISM Oscillators Set {PREMIUM}The PRISM Oscillator Set consists of:
(1) A modified-pSAR derived main driving oscillator (P-Oscillator).
(2) With MAJeStic (Momentum, Acceleration, Jerk, Snap) Oscillators Set (M-, A-, J-, S-Oscillators respectively).
User can switch the main oscillator to RSI-mode (default), as well as reverting to configurable EMA/SMA MACD mode as well.
The P-Oscillator
The P-Oscillator (centered at 50 in the y-axis) indicates the instantaneous bullish/bearish cycle of the market, and the degree of which.
A MA-line is provided as well (VWMA-mode is set as the default, but user can choose to switch to SMA-mode).
The crossing of the P-Oscillator into its MA-line signals a significant turn in the P-Oscillator , similar to how the cross between MAs are being used to signal a golden/death-cross (example: P-Oscillator crossing down its MA-line indicates a probable shift into the bearish phase).
The MAJeStic-Oscillators
The MAJeStic-Oscillators are derived from the main P-Oscillator .
The M-Oscillator is the momentum oscillator, to more clearly visually indicate the current momentum phase of the main P-Oscillator -- i.e. when the oscillator is above the zeroline at -50, the P-oscillator is in an uptrend; and the magnitude of which indicates the velocity (or to be more precise, the speed) of the current momentum trend.
The AJ-Ribbon consists of the acceleration and jerk oscillators, to indicate the hidden underlying trends in the momentum. They can be thought of as the hidden force/hand that pushes and pulls the momentum oscillator upwards or downwards.
Both the M-Oscillator and the AJ-Ribbon are y-shifted down with its zeroline set at -50, simply for the purpose of clarity of presentation for this multiple-oscillator script.
The S-Oscillator is centered about the 0 as its zeroline. It is a highest-order indicator, derived from the AJ-Ribbon , and is an extremely sensitive indicator -- which is able to dig up even the more subtle market trends that may later cascade into a more macro trend. For example: when it crosses from the negative into the positive (especially with a steeply positive slope) and holds above the zeroline, it is then likely that price will see some upside movement ahead (depending on the magnitude of the oscillator as well), even if it may presently be simply moving sideways or even downwards (i.e. a divergence in the S-oscillator wrt the current price movement).
The alignment of the various indicators gives the clearest signal of the market trend, however, that naturally isn't always the case. Hence, when signals from the oscillators looks conflicted, the higher order oscillators (i.e. the AJ-Ribbon, and the S-Oscillator) will be helpful indicators of possible movement incoming; alternatively looking for divergence and hidden divergence of the P-Oscillator (set to RSI-mode) is also an effective strategy.
This oscillator set is suitable to be applied on any timeframes and on any charts.
This oscillator does not give precise price targets, but only offers a qualitative view of the present as well as the probable incoming price action.
To (attempt to) predict price targets, I personally use the PRISM Oscillator Set in conjunction a combination of various support & resistance analytical strategies: e.g. VPVR-levels, moving averages, trend-lines, Ichimoku Cloud, etc. and looking/waiting for sufficient candle closing and break-outs for confirmation, etc.
The PRISM Oscillator Set provide a momentum-focused perspective of the current market.
While my other script, Cyber Ensemble ( which generates buy/sell signals base on the scoring of a large ensemble of technical indicators + and modified by a series of filters ), provides a technical perspective of the current market; and which I frequently use conjunction with the PRISM Oscillator Set .
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Note:
In no way is this intended as a financial/investment/trading advice. You are responsible for your own investment/trade decisions.
Please exercise your own judgement for your own trades base on your own risk-aversion level and goals as an investor or a trader. The use of OTHER indicators and analysis in conjunction (tailored to your own style of investing/trading) will help improve confidence of your analysis, for you to determine your own trade decisions.
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Please PM me for access information.
© cybernetwork
MTF Trailing SL Strategy [QuantNomad]This is a Multi-Timeframe version of my Trailing SL Strategy.
Few weeks ago I published Trailing SL Strategy. There I used only basic Trailing SL to enter positions.
It worked pretty well so I tried to work on it a bit. I thought what if you can use the same ATR TSL on different timeframes and combine them into one signal.
In this strategy you can use only ATR stops and choose 3 other higher timeframes in addition to your current timeframe.
You'll see Trailing SL plotted on the chart form all these timeframes.
Entry Long position if all 4 time-frames agree on long signal.
Exit Long positions when at least 2 time-frames disagree on long signal.
Entry to Short position if all 4 time-frames agree on Short signal.
Exit from Short positions when at least 2 time-frames disagree on Short signal.
Here is the link to my basic Trailing SL Strategy:
Parabolic SAR Alerts (on close) [QuantNomad]This is study with alerts for my previously published strategy:
Use "Once Per Bar Close" alerts.
BTC efficient TF 1 min scalping strategyThis strategy is optimized for bitcoin (XBTUSD on bitmex)
It catch fast trades going with the trend, so it should work in trends like in consolidation.
This strategy is based on S/R mixed with parabolic SAR, the point is to catch a movement when it's starting and confirmed.
It's optimized for 1 min timeframe, you might try it on other other tf but change the SL/TP too.
You should used it for few minutes scalp, fast enter and exit, on 1 min TF.
Rules:
- Use small position, max leverage x5
- Place TP between 55 and 60 $
- Place SL at 150$
- Entre in position by limit, you get paid for it
Enjoy, test it and make some money :)
No repaint.
Trailing SL Alerts [QuantNomad]It's alerts version of my Trailing SL strategy:
Use "Once Per Bar" param when creating alerts.
Easy Loot Trailing Stop Bot - (PSAR) StrategyHello World,
Today I am bringing you a Parabolic Stop and Reverse Strategy that uses a 5% trailing stop loss.
Tested the strategy on the 1D timeframe of Bitcoin from the time period starting from 2018 onwards.
As you may know the price in the start of 2018 for Bitcoin was around $11,000 meaning if you bought and HODL'd since then you'd be down a good %, as current price is $8650.
Below is the strategy testing results, up 844% profits in the last two years.
Easy Loot Members Only, contact me if you'd like access to the strategy.
Parabolic Stop and Reverse (PSAR) Strategy
Parabolic SAR is a time and price technical analysis tool primarily used to identify points of potential stops and reverses. In fact, the SAR in Parabolic SAR stands for "Stop and Reverse". The indicator's calculations create a parabola which is located below price during a Bullish Trend and above Price during a Bearish Trend.
Trailing Stop Loss
A trailing stop-loss order is a special type of trade order where the stop-loss price is not set at a single, absolute dollar amount, but instead is set at a certain percentage or a certain dollar amount below the market price.
PSAR-risk strategyThis indicator is a tool to know at all times at what price to close a trade, using entry and exit SAR values as hard limits, to protect profits or to not risk more than expected.
Parameters:
Source: a PSAR source with calibrated parameters to use as entry and hard exit. Be it the TradingView's official one or TradingView's legacy SAR ported by me (Legacy PSAR).
Commission: broker/exchange commission to account for when executing buy/sell orders.
Risk: a statistically determined risk of how much loss to tolerate with the current SAR parameters. This doesn't account for commission, it's just a raw loss below entry price. A stop-limit sale is suggested at this price.
Milestone #: when reaching a certain percentage above entry, what is the new exit criteria (M# exit). Each milestone must be of a higher value than the previous one, in order to be considered.
M# exit: negative values don't account for commission and are raw losses below entry price. Values greater than or equal to zero represent the percentage of the peak profit, with commission accounted for, to sell at. A value of zero means recouping the original investement.
Alerts:
Entry condition: SAR-signaled entry. Market price entry or a pre-programmed stop-loss buy at the previous SAR value is suggested.
Soft exit condition: this tool's exit. Limit price exit at this tool's current value or a pre-programmed stop-limit sale at the latest available value is suggested.
Hard exit condition: SAR-signaled exit. Market price exit or a pre-programmed stop-loss sale at the previous SAR value is suggested
Case study
Let's assume a commission of 0.1%, a studied risk of -5% with the current SAR parameters (you have observed that most good entries don't need to come near 5% down before starting an upside swing), only one programmed milestone at 3% securing a profit of 25% of the peak profit reached.
Let's say that we have an entry executed at $100 with the current SAR value 3% below the current candle. Since -3% > -5% programmed risk, the exit will be marked at the SAR value. If in that candle or in a future one, we reach $103 (3% milestone met) the current peak profit is ~2.8% (($103/$100) * (1 - 0.001)^2) so an exit will be marked at 25% of 2.8%, meaning 0.7% or an exit price of $100.9, if that's higher than the current SAR. The greater value between the current SAR or this indicator calculated value is the current exit price.
Trailing SL Strategy [QuantNomad]I'm a big fan of simple strategies.
This one is a very simple one. So it consists only from one Trailing SL. When SL is hit, the position is reversed and SL is tracked for a new position.
You can choose one of 3 types of SL:
% of your price
ATR - it is calculated as current ATR * multiplier
Absolute
As you can see even this simple strategy can show pretty good results.
Pivot Boss 4 EMA + BB + Parabolic SAR + IchimokuA combination of a few of my favorite indicators.
1) Pivot Boss 4 EMA
2) Bollinger Bands
3) Parabolic SAR
4) Ichimoku Cloud
All credit to original authors.
5 min bot scalperSAR signals (Parabolic and Lucid) combined with UT pivots, all filtered by the 200 MA. Golden and death crosses are also included to catch larger moves out-with long/short trends. These are filtered by my chop indicator to remove sideways signals.
This is designed for the 5 minute chart but may be useful elsewhere with some tweaking.
Alerts are included for long, short and exit signals.
Legacy PSARThis indicator is a porting to the new Pine scripting language from TradingView, leveraging the old official TradingView's Java-based SAR indicator. The accuracy of their new and current official algorithm is being disputed, behavior changed in february 2020 and there's a fundamental flaw in implementation.
TOPDOG SCALPING-BANDS****this indicator is an implementation of the Bollinger Band
scalping system.
This technique is for those who want the most simple method that is
very effective. It is BEST traded during the busiest trading hours,
This method doesn't work in sideways markets, only in
volatile trending markets.
200 EMA Filtered Parabolic SARThis script uses Parabolic SAR with the 200 EMA to determine long and short trends. Only long signals are given when the price is above the 200MA and shorts when it is below. Signals are further filtered using ADX to reduce noise.
Suitable for trading bots where open positions in the same type are set to be ignored.
Alerts are built in.
TEMA_CCI_SAR_01This strategy is using TEMA and PSAR for buying selling. Educational.
Disclaimer: if you this tool for trading which may cause losses and profits which myself or Tradingview and its partners wont responsible for it.
Self-Adjusting Parabolic SARWhat is this tool?
This is an implementation of the well-known Parabolic SAR indicator that can adjust parameters on the fly to achieve a better profitability.
The algorithm was borrowed from Profitable Parabolic SAR and connected to the basic Parabolic SAR implementation. So, now it will switch parameters automatically without any manual work required.
Profitable Parabolic SAR indicator can be found here:
Parabolic SAR indicator can be found here:
Parabolic trend scalperThis is based on a well known 5 min forex scalping strategy that analyses the general trend and goes long/short in that direction. Trades are filtered against a number of fundamentals to minimise the chances of weak signals.
Dark green = Upward trend
Light green = Long signal
Dark red = Downward trend
Light red = Short signal
Alerts are built in and should be set to 'once per candle' if trading with a bot. Ensure that your setup ignores alerts for positions already open in the same direction.
Parabolic SAR Strategy (on close) [QuantNomad]Created a Parabolic SAR strategy where price has to close under/above the level before for it to reverse. This way it should be a bit more stable and protect you from false breakouts.
It was impossible to adjust the built-in "sar" function so I implemented PSAR from scratch. So if you're interested in how it's work inside you can check the code and probably adjust to your need if you have a custom modification of PSAR in your mind.
