Forex MA Parabolic ST Indicator
Forex MA Parabolic ST Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. Its name points to moving averages and Parabolic SAR. Its source code uses moving averages. It draws arrows on the chart. It has 7 settings, for example Ma (default 14), method (default 3) and app price (default 0). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 2 indicator files with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Forex MA Parabolic ST Indicator
Forex MA Parabolic ST Indicator is an indicator for MetaTrader 4 based on Moving Average. It draws buy and sell arrows on the chart. It has 7 settings, such as Ma, Method and App price. MQL source code included.
Files in the download: installation manual.txt, Ma_Parabolic_st.ex4, Ma_Parabolic_st.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Ma | 14 | |
| Method | 3 | |
| App price | 0 | |
| Step h | 0.2 | Distance between orders |
| Maximum h | 0.5 | |
| Step l | 0.02 | Distance between orders |
| Maximum l | 0.05 |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Moving Average · Parabolic SAR · Buy/Sell Arrows · MT4 Indicator · MQL4 Source Code