OPEN-SOURCE SCRIPT
SAR channel
This is a SAR based channel
it has similar logic to a bollinger channel just we do it with SAR
the line is green when close above average line
m=multiplayer set to 2
best entry is when close cross up the lower channel and versa exit when close go down the top of the channel
you can play with the length and the multiplayer
it has similar logic to a bollinger channel just we do it with SAR
the line is green when close above average line
m=multiplayer set to 2
best entry is when close cross up the lower channel and versa exit when close go down the top of the channel
you can play with the length and the multiplayer
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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