SAR Oscillator
$0.00
SAR Oscillator, as the name suggests is a powerful VertexFX client side VTL oscillator that provides excellent trend-following entry and exit signals. It is a bounded oscillator with the zero-line at the center. The concept behind the SAR oscillator is that as the market is bullish, the parabolic signal is smooth and it follows the price closely from below. As the market turns neutral, the parabolic signal is above the price hence indicator bearishness. At this point it is advisable to exit bullish positions and enter bearish positions. Now, as the market starts falling, the parabolic signal again becomes smooth and it follows the price closely from above. Finally, when the bearish trends ends, the parabolic signal switches above the price indicating an end of the bearish trend and start of the bullish trend.
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SAR Oscillator, is a powerful VertexFX client side VTL oscillator that provides excellent trend-following entry and exit signals. It is a bounded oscillator with the zero-line at the center. The concept behind the SAR oscillator is that as the market is bullish, the parabolic signal is smooth and it follows the price closely from below. As the market turns neutral, the parabolic signal is above the price hence indicator bearishness. At this point it is advisable to exit bullish positions and enter bearish positions. Now, as the market starts falling, the parabolic signal again becomes smooth and it follows the price closely from above. Finally, when the bearish trends ends, the parabolic signal switches above the price indicating an end of the bearish trend and start of the bullish trend.
At first step, we calculate the Parabolic SAR (Parabolic Stop-And-Reverse) indicator value. In second step, we calculate the difference between the Close price and the Parabolic SAR value. This difference is the indicator value.
Buy: Place Buy when the SAR oscillator has bottomed out below zero and has risen for atleast two candles. Do not enter trade if candle has gap-up opening.
Sell: Place Sell when the SAR oscillator has topped out above zero and has fallen for atleast two candles. Do not enter trade has gap-down opening.
Usage
- Download the attachment from vStore or directly from the vStore tab in your terminal by performing a right click on it and selecting Download & Install
- Copy it to your company VertexFX Local VTL Files folder i.e. C:ProgramDataVertexFX Client Terminals”Company name”VTL10Local VTL Scripts
- Restart your Client Terminal or Right Click on “Local VTL Scripts” Tree Node to find the script.
Additional information
| Plugin-Type | Client VTL – Custom Indicator |
|---|---|
| Compatibility |