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ParabolicM - Indicator for MetaTrader 4

ParabolicM
TypeIndicators PlatformMT4 Version10 Date created13 June 2016 Date updated19 July 2017
Formatmq4 Size6.4Kb Downloads450 Rating
3.51 of 5
based on 51 rates

It is a simplified version of the Parabolic indicator. With large red dots, the robot indicates the movement of the trend. If the points are below the chart line, the price goes up, if it's above, it goes down.

For comparison, the classical version of Parabolic can be found on MTD.

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