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PROTECTED SOURCE SCRIPT

200 EMA Filtered Parabolic SAR

By colinmck
Updated
This script uses Parabolic SAR with the 200 EMA to determine long and short trends. Only long signals are given when the price is above the 200MA and shorts when it is below. Signals are further filtered using ADX to reduce noise.

Suitable for trading bots where open positions in the same type are set to be ignored.

Alerts are built in.
Release Notes
Added optional alerts for exits
Release Notes
Adjusted filtering on entries
Release Notes
Switching snapshot image to classic candles
Release Notes
Added the option to plot the 21 EMA
15minADXalertsAverage Directional Index (ADX)Exponential Moving Average (EMA)Parabolic Stop and Reverse (PSAR)signals

Protected script

This script is published closed-source and you may privately use it freely.

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colinmck

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