Forex Ma Parabolic ST Two Indicator
From the Old Kings archive: Forex Ma Parabolic ST Two Indicator, an indicator for MetaTrader 4. Judging by its name, it is built around moving averages and Parabolic SAR. In the code it works with 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). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 1 indicator file 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 Two Indicator
Forex Ma Parabolic ST Two 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_st2_2.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