This is the Parabolic SAR (stop and reverse) for the Jackrabbit suite and modulus framework.
This indicator supports differential timeframe analysis and confirmational bias. Dynamic timeframes are supported.
The main indicatior and the confirmational indicator can both be individually tuned for the following:
Start, the starting value for the acceleration factor.
Increment,m, determines how fast to increase the acceleration factor.
Maximum, the maximum value of the acceleration factor.
The Jackrabbit modulus framework is a plug in play paradigm built to operate through TradingView's indicator on indicatior (IoI) functionality. As such, this script receives a signal line from the previous script in the IoI chain, and evaluates the buy/sell signals appropriate to the current analysis. The results are either combined with the signal line, or used as confirmation to the signal line. A new signal line is generated for the next script in the link.
This script is not designed or meant to function outside my framework.
By default, the signal line is visible and the charts are turned off. Signal line visibility is controlled by the Style tab, and the charts display is controlled by the indicator settings tab.
This script is by invitation only. To learn more about accessing this script, please see my signature or send me a PM. Thank you.