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Legacy PSAR

This 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.
Notes de version
Alert conditions added for reversals.
Notes de version
Fixed alert trigger conditions.
Notes de version
Final testing of alert conditions.
Notes de version
Low limit for "Max Value" decreased from 0.1 to 0.05.
Notes de version
Reversals cannot happen on previous SAR == current SAR, this is a high chance of double-top or double-bottom and create a false positive signal. Now reversals can only happen on current SAR greater-than or less-than previous SAR.
Notes de version
Usability and presentation improvements:
  • All parameters can move in increments of 0.01 through the increase/decrease buttons
  • maxValue parameter range now goes from 0.01 to 1.0
  • Default thickness of the plot is now 1

Clause de non-responsabilité