Super SAR is a signal indicator based on SuperTrend and iSAR.
It has six input parameters:
- SAR step - Parabolic SAR step;
- SAR max - the maximum value of Parabolic SAR;
- ATR Period - ATR period for the SuperTrend calculation;
- Multiplier - SuperTrend line multiplier (to set it closer/farther from the median price);
- Swing - alteration of signals (Yes/No);
- Show SAR - whether to display Parabolic SAR (Yes/No).
Green/red arrows (position entry) appear after a change in the SAR position, provided there is confirmation from SuperTrend.
Gray arrows (do not enter position/open position can be closed) appear after a change in the SAR direction, if there is no confirmation from SuperTrend.
If Swing (Yes) is used, arrows (only up/down) appear when both criteria are met, taking into account the previous signal direction.
The SuperTrend indicator is not required for operation - its values are calculated by the indicator.
Fig. 1. Super_SAR, Swing = No
Fig. 2. Super_SAR, Swing = Yes
