iSarX4 - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources

This indicator presents four parabolic indicators simultaneously. This indicator is suitable for amateurs of parabolic trading systems.

Indicator input parameters:

 //+------------------------------------------------------------------------+
//|Indicator input parameters |
//+------------------------------------------------------------------------+
Enter double starting step = 0.002 ; // Step to minimum indicator
Enter double the step_Shift= 0.002 ; //The size of the step change
Maximum value of input double = 0.2 ; // Maximum value of all indicators
Enter integer shift = 0 ; // Horizontal movement of the indicator in bars

The Start_Step input parameter is the Step of the first parabola.

For the second parabola the Step parameter will be equal to Start_Step+1*Step_Shift.

For the third parabola the Step parameter will be equal to Start_Step+2*Step_Shift.

For the fourth parabola the Step parameter will be equal to Start_Step+3*Step_Shift.

Figure 1 iSarX4 indicator

Attachment download

📎 isarx4.mq5 (9.93 KB)

Source: MQL5 #1325