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.
Download Now
Download the “Ma_Parabolic_st2.2-1.ex4” indicator for Metatrader 4
