The MA Parabolic Forex indicator for Metatrader 4 consists of a moving average and Parabolic Sar (PSAR) and provides easy-to-trade buy and sell signals.
Basically, the indicator notifies traders of possible trend changes with the help of both indicators.
Just follow the signals as they become available on the chart; it’s that easy.
Buy & Sell Trade Example
- Open a buy trade when the candlestick closes above both lines.
- Open a sell trade when the candlestick closes below both lines.
The indicator can be used for any trade style of your preference.
The indicator works equally well on all currency pairs (majors, minors and exotic) and shows promising results if used correctly.
Free Download
Download the “Ma_Parabolic_st2.2-1.ex4” indicator for MT4
Indicator Chart (EUR/USD M30)
The picture below shows the MA Parabolic Forex mt4 indicator in action on the trading chart.
Trading Tips:
Feel free to use your own favorite trade entry, stop loss and take profit method to trade with the MA Parabolic Forex indicator.
As always, trade in agreement with the overall trend and practice on a demo account first until you fully understand this indicator.
Please note that even the best trading indicator cannot yield a 100% win rate over long periods.
Indicator Specifications & Inputs:
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Trade Style: Works for scalping, day trading and swing trading
Input Parameters: Variable (inputs tab), color settings & style
Indicator type: Moving average
Does the indicator repaint? No.
MA Parabolic + Supply and Demand Intraday Strategy for MT4
This strategy combines the MA Parabolic Forex Indicator for MT4 with the Supply and Demand Metatrader 4 Forex Indicator to create a precise intraday trading method.
The MA Parabolic indicator generates a buy signal when the candlestick closes above both parabolic moving average lines and a sell signal when it closes below them.
The Supply and Demand indicator highlights key support and resistance zones with green horizontal blocks for demand and red blocks for supply.
Combining trend confirmation with key price levels increases the probability of successful intraday trades.
Why this strategy works
The strategy works by combining a trend-following indicator with key market zones.
The MA Parabolic confirms the direction of the trend while the Supply and Demand zones indicate areas where price may reverse or continue.
This allows traders to enter in the direction of the trend while avoiding low-probability areas.
Buy Entry Rules
- Wait for the candlestick to close above both MA Parabolic lines, indicating a buy signal.
- Confirm that the price is above a green demand zone or approaching it without breaking it.
- Enter a buy trade at the open of the next candle after both conditions are met.
- Place the stop loss below the nearest demand zone or swing low.
- Set a take profit near the next red supply zone or according to a risk-reward ratio of 1:2.
- Exit the trade early if the candlestick closes below both MA Parabolic lines or if the price hits a strong resistance zone.
Sell Entry Rules
- Wait for the candlestick to close below both MA Parabolic lines, indicating a sell signal.
- Confirm that the price is below a red supply zone or approaching it without breaking it.
- Enter a sell trade at the open of the next candle after both conditions are met.
- Place the stop loss above the nearest supply zone or swing high.
- Set a take profit near the next green demand zone or according to a risk-reward ratio of 1:2.
- Exit the trade early if the candlestick closes above both MA Parabolic lines or if the price hits a strong support zone.
Advantages
- Combines trend direction with key supply and demand levels for precise entries.
- Helps filter false signals during volatile intraday moves.
- Works across multiple timeframes and currency pairs.
- Provides a structured approach to intraday trading with controlled risk.
Drawbacks
- Requires monitoring both indicators to ensure accurate entries.
- Price may occasionally break supply or demand zones, resulting in early exits.
- Short-term trades may be affected by sudden news events or spikes in volatility.
Case Study 1 – EUR/USD M15
During the London session, EUR/USD closed a candlestick above both MA Parabolic lines while the price was above a green demand zone at 1.0850.
A buy trade was entered at 1.0852 with a stop loss at 1.0840 and a take profit near the next supply zone at 1.0875.
The trade followed the trend and reached the target within 45 minutes, producing a 23-pip gain.
Case Study 2 – GBP/JPY M15
During the New York session, GBP/JPY closed below both MA Parabolic lines while the price was approaching a red supply zone at 173.50.
A sell trade was entered at 173.48 with a stop loss at 173.65 and a take profit near the next demand zone at 172.90.
The trade hit the target in 60 minutes, yielding a 58-pip gain.
Strategy Tips
- Use M15 or M30 charts for intraday signals.
- Focus on liquid pairs like EUR/USD, GBP/USD, USD/JPY, and GBP/JPY.
- Avoid trading during major news releases to prevent sudden reversals.
- Adjust stop loss and take profit according to volatility and session behavior.
- Combine with other support/resistance levels to improve entry and exit precision.
This intraday strategy combines trend confirmation with key supply and demand zones, providing disciplined entries and exits with clear risk management for reliable day trading results.
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Download the “Ma_Parabolic_st2.2-1.ex4” indicator for Metatrader 4
