OPEN-SOURCE SCRIPT
Updated PSAR LRC [CRT Trader]
[English]
SAR (Stop and Reverse) is a technical indicator used in financial markets to track trends and identify potential reversal points.
The indicator plots SAR calculations at three different speeds as dot markers above or below the candlesticks. If all three dots are below, it is considered a bullish signal; if they are above, it is considered a bearish signal.
In addition to the indicator, a Linear Regression Channel has been added. These lines can provide information such as trend direction, support, resistance, and potential breakouts.
SAR (Stop and Reverse) is a technical indicator used in financial markets to track trends and identify potential reversal points.
The indicator plots SAR calculations at three different speeds as dot markers above or below the candlesticks. If all three dots are below, it is considered a bullish signal; if they are above, it is considered a bearish signal.
In addition to the indicator, a Linear Regression Channel has been added. These lines can provide information such as trend direction, support, resistance, and potential breakouts.
Release Notes
Settings panel updated.Release Notes
LRC settings added.Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.