Exp_3Parabolic - MetaTrader 5 Expert | Forex Indicators Download - MT4/MT5 Resources
The trading system is based on the signals of three technical indicators iSAR Parabola. This signal is formed at the close of the bar of the third parabola, and its signal is recognized by the trend signals of the other two parabolas.
The input parameters of the default Expert Advisor were used in the test shown below. Stop Loss and Take Profit were not used during testing.
Figure 1. Example of trading history on a chart.
2011 H4 USD/CHF test results:
Figure 2. Test result chart
Attachment download
📎 exp_3parabolic.mq5 (7.74 KB)
📎 tradealgorithms.mqh (67.73 KB)
Source: MQL5 #1068
Exp_3Parabolic - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Exp_3Parabolic - MetaTrader 5 Expert | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Focus on spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based on titles or short-term profit descriptions.
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