psar
Parabolic Stop and Reverse (PSAR) is a trend-following indicator that identifies potential reversals in price direction. It appears as dots above or below the price, with dots below price indicating an uptrend and dots above price indicating a downtrend. It also serves as a trailing stop-loss.
psar (tick)
Parabolic Stop and Reverse (PSAR) is a trend-following indicator that identifies potential reversals in price direction. It appears as dots above or below the price, with dots below price indicating an uptrend and dots above price indicating a downtrend. It also serves as a trailing stop-loss.
Input parameters
| Prop | Type | Default | Description |
|---|---|---|---|
initialAF | number | 0.02 | The initial acceleration factor |
maxAF | number | 0.2 | The maximum acceleration factor |
increment | number | 0.02 | The acceleration factor increment |
SQL example
TICK psar WITH initialAF=0.02, maxAF=0.2, increment=0.02 < price THEN order SET size=100, price=51.00, transmit=trueobv
On-Balance Volume (OBV) is a momentum indicator that uses volume flow to predict changes in price. It adds volume on up days and subtracts volume on down days, helping identify whether volume is flowing into or out of a security. Divergences between OBV and price can signal potential trend reversals.
roc
Rate of Change (ROC) is a momentum oscillator that measures the percentage change in price between the current price and the price n periods ago. It helps identify overbought/oversold conditions and potential trend reversals, with extreme values indicating potential price reversals.