OPEN-SOURCE SCRIPT
Adaptive Parabolic SAR (APSAR) - [MYN]

We took the code that we wrote in Myth Busting Strategy #6 to make it more profitable, specifically the timeframe adaptive Parabolic SAR logic and published this as a separate indicator to make it easier for others to use and adopt.
There really is no magic to this. This indicator basically just evaluates the timeframe and derives a multiplier that is applied to the PSAR Max attribute.
There really is no magic to this. This indicator basically just evaluates the timeframe and derives a multiplier that is applied to the PSAR Max attribute.
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.
If you're interested in exploring and discovering other high quality free strategies come join us in Discord: discord.gg/2wkm9QqSuY
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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.
If you're interested in exploring and discovering other high quality free strategies come join us in Discord: discord.gg/2wkm9QqSuY
➖➖🟦➖➖➖🟦
➖🟦🟦🟦🟦🟦🟦🟦
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➖🟦🟦➖➖➖🟦🟦
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.