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Multi TimeFrame PSAR

This indicator is based on a popular Parabolic SAR indicator.

The parabolic SAR indicator is graphically shown on the chart of an asset as a series of dots placed either above or below the price. A small dot is placed below the price when the trend of the asset is upward, while a dot is placed above the price when the trend is downward.

Multi TimeFrame indicator MTF-PSAR shows PSAR data from the 4 TFs by your choice.

By default this indicator has external parameters:

  • TF1 = 1;
  • TimeFrame2b = true;
  • TF2 = 5;
  • TimeFrame3b = true;
  • TF3 = 15;
  • TimeFrame4b = true;
  • TF4 = 60;
  • InpPSARStep = 0.02;
  • InpPSARMaximum = 0.2;

You can change TF1-TF4 in the next limits:

  • TF1 from M1 (1) to H4 (240)
  • TF2 from M5 (5) to D1 (1440)
  • TF3 from M15 (15) to W1 (10080)
  • TF4 from M30 (30) to MN1 (43200)

All chosen TFs should be not less then current timeframe.

You can use data from 4 or less TFs by using bool parameters: TimeFrame1b - TimeFrame4b.

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