OPEN-SOURCE SCRIPT
Parabolic SAR Oscillator [LuxAlgo]

This indicator is a detrended price series using the Parabolic Stop and Reverse (SAR) trailing stop, resulting in a bounded oscillator in the range (-100, 100). The SAR output is also normalized to obtain a noiseless oscillator which can complement the detrended price.
Settings
Usage
The price is detrended by subtracting the closing price to the SAR, this result is then normalized.
An up-trending market is indicated once the normalized SAR reaches -100, while a value of 100 indicates a down-trending market. One can anticipate trends when the normalized SAR crosses above/under 0.

The converging nature of the SAR trailing stop allows for the trader to obtain a very apparent leading oscillator.
Settings
- Start: Initial value of the convergence factor used when a new trend is detected by the SAR
- Increment: Increment value of the convergence factor
- Maximum: Maximum value of the convergence factor
Usage
The price is detrended by subtracting the closing price to the SAR, this result is then normalized.
An up-trending market is indicated once the normalized SAR reaches -100, while a value of 100 indicates a down-trending market. One can anticipate trends when the normalized SAR crosses above/under 0.
The converging nature of the SAR trailing stop allows for the trader to obtain a very apparent leading oscillator.
發行說明
Minor changes.開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
Get access to our exclusive tools: luxalgo.com
Join our 150k+ community: discord.gg/lux
All content provided by LuxAlgo is for informational & educational purposes only. Past performance does not guarantee future results.
Join our 150k+ community: discord.gg/lux
All content provided by LuxAlgo is for informational & educational purposes only. Past performance does not guarantee future results.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
Get access to our exclusive tools: luxalgo.com
Join our 150k+ community: discord.gg/lux
All content provided by LuxAlgo is for informational & educational purposes only. Past performance does not guarantee future results.
Join our 150k+ community: discord.gg/lux
All content provided by LuxAlgo is for informational & educational purposes only. Past performance does not guarantee future results.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。