The Parabolic RSI Alert is a powerful indicator that combines the precision of Relative Strength Index (RSI) with the dynamic trend-following capabilities of a custom Parabolic SAR. This unique fusion helps traders identify high-probability reversal points with clear visual signals and real-time alerts.

Usage Notes:

• The indicator works best on 1H+ timeframes
• Strong signals occur when reversals happen in overbought/oversold zones
• Regular signals appear when reversals occur outside extreme zones
• SAR points only plot when Display SAR is enabled
• Combine with price action and other indicators to confirm entry and exit points(Optional).

Ideal for traders who:

• Want to reduce lag in traditional RSI analysis
• Need clear visual & audible alerts for timely entries
• Prefer mechanical signals over subjective chart reading