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ParMA_BB - Indicator for MetaTrader 4

ParMA_BB
TypeIndicators PlatformMT4 Version10 Date created 4 June 2015 Date updated19 July 2017
Formatmq4 Size6.6Kb Downloads84 Rating
4.7 of 5
based on 60 rates

The indicator is a modified version of the moving average tool, but it is based on parabolic regression in combination with Bollinger bands. Compared to a common MA, this tool delays less. It allows to respond more quickly to changes in market trends. In the indicator settings, it is possible to disable the Bollinger Bands to clean up the chart.

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