OPEN-SOURCE SCRIPT

Parabolic Stop

Parbolic Stop is a mix between the indicator Parabolic SAR, Volatility Stop and an SMA.

The goal of this indicator is to place your stop loss in an optimized spot. You can also combine the indicator switch from different timeframes to get buy or sell signal.
Moving AveragesParabolic Stop and Reverse (PSAR)vstop

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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