Skip to main content

SAREXT

Type: sarext • Category: indicators

Description​

Calculates extended SAR indicator based on high and low prices

Parameters​

NameTypeDescriptionRequiredDefault
dataExpstringprices datano
highstringselect the column with highest pricesno
lowstringselect the column with lowest pricesno
startvaluenumberStarting value for SAREXTno0
offsetonreversenumberOffset on reverse for SAREXTno0
accelerationinitlongnumberInitial acceleration for long positionsno0
accelerationlongnumberAcceleration for long positionsno0
accelerationmaxlongnumberMaximum acceleration for long positionsno0
accelerationinitshortnumberInitial acceleration for short positionsno0
accelerationshortnumberAcceleration for short positionsno0
accelerationmaxshortnumberMaximum acceleration for short positionsno0

Help​

SAREXT

Description​

The SAREXT worker is an indicator used in financial analysis to calculate the extended Stop and Reverse (SAR) indicator based on high and low prices. This indicator is used to determine the trend direction and potential reversal points.

Overview​

The SAREXT worker takes in a set of parameters, including prices data, and outputs the extended SAR indicator values. The indicator is calculated based on the high and low prices of a financial instrument, and is used to identify potential trend reversals.

What does this worker do?​

The SAREXT worker calculates the extended SAR indicator values based on the provided parameters. The indicator is a trend-following indicator that uses a set of rules to determine the trend direction and potential reversal points.

How to interpret the results​

The SAREXT indicator can be interpreted as follows:

  • When the indicator is above the price, it indicates a downtrend.
  • When the indicator is below the price, it indicates an uptrend.
  • When the indicator crosses above or below the price, it indicates a potential trend reversal.

Parameters​

The SAREXT worker takes in the following parameters:

  • dataExp: prices data
  • high: select the column with highest prices
  • low: select the column with lowest prices
  • startvalue: Starting value for SAREXT
  • offsetonreverse: Offset on reverse for SAREXT
  • accelerationinitlong: Initial acceleration for long positions
  • accelerationlong: Acceleration for long positions
  • accelerationmaxlong: Maximum acceleration for long positions
  • accelerationinitshort: Initial acceleration for short positions
  • accelerationshort: Acceleration for short positions
  • accelerationmaxshort: Maximum acceleration for short positions

Usage​

To use the SAREXT worker, simply provide the required parameters and the worker will output the extended SAR indicator values.

Example Usage​

An example of how to use the SAREXT worker can be seen in the following GIFs:

Full Example​

[![Full Example](https://pub-6c7cc7f707d94ca98153d59a039b9a3d.r2.dev/indicator_full.gif)](https://pub-6c7cc7f707d94ca98153d59a039b9a3d.r2.dev/indicator_full.gif)

Short Example​

[![Short Example](https://pub-6c7cc7f707d94ca98153d59a039b9a3d.r2.dev/indicator_short.gif)](https://pub-6c7cc7f707d94ca98153d59a039b9a3d.r2.dev/indicator_short.gif)

Knowledge about the Indicator​

The SAREXT indicator is a variation of the traditional Stop and Reverse (SAR) indicator. The SAR indicator was developed by J. Welles Wilder and is used to determine the trend direction and potential reversal points. The SAREXT indicator is an extended version of the SAR indicator that uses a set of rules to determine the trend direction and potential reversal points.

The SAREXT indicator is a trend-following indicator that uses a set of parameters to determine the trend direction and potential reversal points. The indicator is sensitive to the parameters used and can produce different results based on the input parameters.

It is recommended to use the SAREXT indicator in conjunction with other technical indicators and analysis tools to confirm trading decisions.