Peterbolic SAR - Colorbar

Indicator with buy/sell alerts for setup/trigger conditions

Built upon Peterbolic SAR current version as of publishing

Notes de version

Forgot you have to manually calculate the Heiken Ashi candle values to get the proper signals on normal candles for this one

Notes de version

Improved the way the script calculates the plot and what colors to use

Fixed the alerts to use the original signals that the plot is draw from so no mishaps occur (Pine script and/or Tradingview can get touchy about how you set your alert conditions)

Added a blue indicator line for if we're considered in an uptrend or not based on the current indicator levels
You can usually tell based on the previous values/colors but it's easier to spot immediately at any point when viewing a chart

Notes de version

Add option to use Heiken Ashi values (or not) instead of hard setting them, results can vary depending on different time frames and this should help with more strategies

Notes de version

Added Bolinger Band Normalizer value to increase/reduce the offset of order placement based on the volatility at that point in time.
Changed the blue line to purple and multiplied it with the BBand Average value to give a visual representation of how much volatility is going on inside the indicator.
The spikes on the orange line will also be larger when the volatility is higher in the same way the purple line does

Notes de version

Offset was not calculating as needed due to round() going to 0 for all values <0.5
Setup so 0.5 should be the default offset from a setup that hits a trigger, because trigger candles have to EXCEED the setup candles in the direction of the trend

Script open-source

Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.

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Script open-source

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