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DaveP711
Don't you always want to know what the entire market is doing just before you enter a trade? I know I do.
This is my dpMIPSAR, Multi Instrument PSAR. It takes the four main markets, ES, YM, NQ, and RTY (or others that you can add), and puts a PSAR on each of them. When price is on the same side of the PSAR on all the instruments, the background is painted an appropriate color. If there is disagreement, no color paints, as you can see by the black zones. You can select 75% agreement which will provide more signals. It's up to you how to use it, but just about any chart indicator is made better since you now know what everybody is doing. It works best on minute and H-A bars since they all are in sync with each other. Tick bars don't work so well as 500 ticks on the YM will never be in sync with 500 ticks on the ES. Try it out and tell me what you think. It shouldn't hang your platform, but it might if you use something other than time-based bars. And only load 5 days of data or less.
Good luck and let me know if there are any problems.
Dave P.
This indicator displays a change in chart background color when two moving averages of your choice cross over. Or you can choose to display a shaded rectangle instead of the chart background color shading. A third option is that you can display both, the background and the rectangle shading simultaneously.
You can select an offset, by a number of bars, to start displaying after the moving averages have crossed.
There is an option to plot the moving averages selected.
The available moving averages you can select include:
EMA,
SMA,
HMA,
WMA,
DEMA,
TMA,
TEMA,
ZLEMA,
VMA
UPDATED (2021 Feb 11 - Version 1.1): Allow you to select one moving average type for the slow MA and a different moving average type for the fast MA.
UPDATED (2021 Feb 15 - Version 1.2): Added VMA to the list of available moving average types.
UPDATED (2021 Mar 11 - Version 1.3): Added KAMA & MAMA to the list of available moving average types.