Parabolic SAR indicator - page 9

[winner246]

Sar 2 mtf

Thank you mladen

[winner246]

Parabolic sar 2 ( s / r levels )

HELLO MLADEN,

The Parabolic SAR 2 is giving some interesting results when used to pinpoint SUPPORT and RESISTANCE LEVELS.

It will be appreciated if you could kindly help create this new version.

(1) the new indicator will ONLY use the FIRST DOT/PRICE of the SAR every time it reverses upward or downwards;

RULES FOR SUPPORT LEVELS ( RED COLOR )

(2) Anytime the SAR reverses BELOW THE PRICE indicating an uptrend,the 1st dot of the SAR would appear IN RED COLOR ;

(3) but after this 1st dot ,instead of the SAR subsequently giving new price values and forming a curve as in the regular SAR ,the subsequent dots of this new indicator would just be the same price as the 1st SAR dot forming an HORIZONTAL LINE ;

(4) this Horizontal line will continue to extend until the SAR first of all reverses ABOVE THE PRICE, and THEN reverses back BELOW THE PRICE again indicating a new uptrend ;

(5) once the SAR reverses to form a new uptrend , the former red horizontal line will cease while a new red dot line with the price of the 1st dot of the new uptrend will begin to extend with every new bar;

(6) the horizontal dots will show RED COLOR

RULES FOR RESISTANCE LEVEL ( GREEN COLOR )

(7) these same rules will apply in the opposite direction every time the SAR reverses ABOVE THE PRICE (these opposite lines will be in GREEN COLORED DOTTED HORIZONTAL LINE

THANK YOU SO MUCH FOR YOUR INVALUABLE SERVICE.

[winner246]

Sar first dot extended

HELLO MLADEN,

I just found out you have already done a fractal extended which is very close to the rules of my SAR request in post 85, looking forward to your kind response,many thanks.

[StevenSmith]

Hello everyone.

Thanks for the PSAR info and links. They are very helpful.

[winner246]

Re ; posts 85 and 86

HELLO MLADEN,

Please when you have some time do consider the request in POST 85 AND 86.

MANY THANKS FOR ALL THE THE PREVIOUS SERVICES RENDERED.

[Mladen Rakic]

SAR support / resistance

This would be a "SAR support resistance"

It draws support and resistance lines beginning from the bars and values when the SAR changed trend. It also has one additional option. It can show the SAR value in the mean time as well. Here are 2 examples : upper is the SR lines alone and lower is the same thing but SAR lines are visible too

[winner246]

Sar sr

HELLO MLADEN,

BIG THANKS FOR THE GREAT JOB.

Just one last input,please EXTEND EVERY GREEN LINE TO END A BAR BEFORE THE NEXT NEW GREEN LINE and EVERY RED LINE TO END A BAR BEFORE THE NEXT NEW RED LINE.

THANKS FOR YOUR SKILLED SERVICES, ITS SO HIGHLY APPRECIATED.

[Mladen Rakic]

Parabolic SAR SR 2

winner246

Here you go. It has one extra parameter : Extend. If you set it to true you are going to get what you described. Here is such an example :

[winner246]

Sar sr

Hello mladen,

thanks for the addition, you got it right.

[Mladen Rakic]

Good

Now we all can have a nice weekend

winner246:
Hello mladen, thanks for the addition, you got it right.