SAR_Oscillator2

SAR Oscillator 2 is a second version of SAR Oscillator.

It has two adjustable parameters:

• SAR step - Parabolic SAR step
• SAR maximum - Parabolic SAR maximum

Calculations:

OscSAR = SAR - Сlose

where

SAR - Parabolic SAR(SAR step, SAR maximum)

The histogram values above zero are bearish:

• When the histogram bar values rise, this indicates a fast downward movement, and the histogram bars are colored in orange.
• When the histogram bar values fall, this indicates a downward movement stop or a correction, and the histogram bars are colored in light-orange.

The histogram values below zero are bullish:

• When the histogram bar values fall, this indicates a fast upward movement, and the histogram bars are colored in blue.
• When the histogram bar values rise, this indicates an upward movement stop or a correction, and the histogram bars are colored in light-blue.