Forex Multi Parabolic SAR Binary Options Strategy
This Old Kings indicator for MetaTrader 4 is called Forex Multi Parabolic SAR Binary Options Strategy. Its name points to Parabolic SAR. In the code it works with ATR and Parabolic SAR. It draws arrows on the chart and can send alerts. It has 9 settings, for example short atr (default 7), long atr (default 49) and triglevel (default 1.00). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 3 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 Multi Parabolic SAR Binary Options Strategy
Forex Multi Parabolic SAR Binary Options Strategy is an indicator for MetaTrader 4 based on ATR and Parabolic SAR. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 9 settings, such as Short atr, Long atr and Triglevel. MQL source code included.
Files in the download: ATR ratio.mq4, fx_trender.ex4, installation manual.txt, Multi Parabolic SAR .tpl, Nik_PSAR_2B.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Short atr | 7 | |
| Long atr | 49 | |
| Triglevel | 1.00 | |
| Alerts enabled | true | Turn this alert on or off |
| TF4 | true | |
| TF3 | true | |
| TF2 | true | |
| Step | 0.02 | Distance between orders |
| Maximum | 0.2 |
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: Parabolic SAR · Binary Options · Buy/Sell Arrows · Alerts · ATR · MT4 Indicator · MQL4 Source Code