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Multi-time frame version of the classic Parabolic SAR indicator (from “Stop and Reverse” – stop and reverse).

The PSAR indicator follows the trend. As soon as the downtrend turns up, the PSAR follows the price like a trailing stop.

You can select the PSAR to display on the chart.

The PSAR is only displayed based on the current or higher timeframe.

Input parameters:

  • bM15-PSAR from M15
  • bM30-PSAR from M30
  • bH1 – PSAR from H1
  • bH4-PSAR from H4
  • bD1 – PSAR from D1
  • bW1-PSAR from W1
  • bMN1 – PSAR from MN1
  • Step (step) – 0.02
  • Maximum (maximum) – 0.2
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