PROTECTED SOURCE SCRIPT
Technology-Adjusted Parabolic Stop and Reverse (TAPSAR)
Updated
Finally, a more accurate PSAR is here!
Request access in the comments.
This PSAR will show up, and stick around when a majority of the Technology companies in the index below conform in the same direction.
The TAPSAR can be applied to any technology company and ANY time-frame!
This Tech-Index consists of the largest technology companies on the NASDAQ stock exchange that are similar in subsector.
1. Apple Inc (NASDAQ:AAPL)
Market Cap: 888.06B
Subsector: Computer Manufacturing
2. Alphabet Inc (NASDAQ:GOOGL)
Market Cap: 738.53B
Subsector: Computer Software: Programming, Data Processing
3. Microsoft Corporation (NASDAQ:MSFT)
Market Cap: 654.81B
Subsector: Computer Software: Prepackaged Software
4. Facebook Inc (NASDAQ:FB)
Market Cap: 529.9B
Subsector: Computer Software: Programming, Data Processing
5. Oracle Corporation (NASDAQ:ORCL)
Market Cap: 204.54B
Subsector: Computer Software: Prepackaged Software
6. International Business Machines Corporation (NASDAQ:IBM)
Market Cap: 141.16B
Subsector: Computer Manufacturing
Thick Blue lines beneath the price indicate a change in direction, and momentum up.
Thick Red lines above the price indicate a change in direction, and momentum down.
This indicators holds three editable parameters:
1. "Start" - The starting value for the Acceleration Factor (.02 is the Default).
2. "Increment" = The increment in which the Acceleration Factor will move (.02 is Default).
3. "Max" - The maximum value of the Acceleration Factor (.20 is the Default)
Request access in the comments.
This PSAR will show up, and stick around when a majority of the Technology companies in the index below conform in the same direction.
The TAPSAR can be applied to any technology company and ANY time-frame!
This Tech-Index consists of the largest technology companies on the NASDAQ stock exchange that are similar in subsector.
1. Apple Inc (NASDAQ:AAPL)
Market Cap: 888.06B
Subsector: Computer Manufacturing
2. Alphabet Inc (NASDAQ:GOOGL)
Market Cap: 738.53B
Subsector: Computer Software: Programming, Data Processing
3. Microsoft Corporation (NASDAQ:MSFT)
Market Cap: 654.81B
Subsector: Computer Software: Prepackaged Software
4. Facebook Inc (NASDAQ:FB)
Market Cap: 529.9B
Subsector: Computer Software: Programming, Data Processing
5. Oracle Corporation (NASDAQ:ORCL)
Market Cap: 204.54B
Subsector: Computer Software: Prepackaged Software
6. International Business Machines Corporation (NASDAQ:IBM)
Market Cap: 141.16B
Subsector: Computer Manufacturing
Thick Blue lines beneath the price indicate a change in direction, and momentum up.
Thick Red lines above the price indicate a change in direction, and momentum down.
This indicators holds three editable parameters:
1. "Start" - The starting value for the Acceleration Factor (.02 is the Default).
2. "Increment" = The increment in which the Acceleration Factor will move (.02 is Default).
3. "Max" - The maximum value of the Acceleration Factor (.20 is the Default)
Release Notes
Finally, a more accurate PSAR is here! Request access in the comments.
This PSAR will show up, and stick around when a majority of the Technology companies in the index below conform in the same direction.
The TAPSAR can be applied to any technology company and ANY time-frame!
This Tech-Index consists of the largest technology companies on the NASDAQ stock exchange that are similar in subsector.
1. Apple Inc (NASDAQ:AAPL)
Market Cap: 888.06B
Subsector: Computer Manufacturing
2. Alphabet Inc (NASDAQ:GOOGL)
Market Cap: 738.53B
Subsector: Computer Software: Programming, Data Processing
3. Microsoft Corporation (NASDAQ:MSFT)
Market Cap: 654.81B
Subsector: Computer Software: Prepackaged Software
4. Facebook Inc (NASDAQ:FB)
Market Cap: 529.9B
Subsector: Computer Software: Programming, Data Processing
5. Oracle Corporation (NASDAQ:ORCL)
Market Cap: 204.54B
Subsector: Computer Software: Prepackaged Software
6. International Business Machines Corporation (NASDAQ:IBM)
Market Cap: 141.16B
Subsector: Computer Manufacturing
Thick Blue lines beneath the price indicate a change in direction, and momentum up.
Thick Red lines above the price indicate a change in direction, and momentum down.
UPDATE: The lines will become thicker with confidence of movement.
This indicators holds three editable parameters:
1. "Start" - The starting value for the Acceleration Factor (.02 is the Default).
2. "Increment" = The increment in which the Acceleration Factor will move (.02 is Default).
3. "Max" - The maximum value of the Acceleration Factor (.20 is the Default)
Kenzing trading indicators for TradingView perform advanced real-time analysis of stock price trends and display alerts that are easy for the average Trader to interpret.
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Disclaimer
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