Parabolic SAR — Pine Script & ThinkScript

The Parabolic SAR (Stop and Reverse), developed by J. Welles Wilder Jr., is a trend-following indicator that places dots above or below price to indicate direction and potential reversal points. When dots are below price, the trend is up; when dots are above price, the trend is down. The indicator is named for the parabolic curve the dots trace as a trend accelerates.

What's included:

• Pine Script (TradingView)
• ThinkScript (thinkorswim)
• Setup documentation