Forex PSAR 2B Line Indicator
Forex PSAR 2B Line Indicator is an indicator for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around Parabolic SAR. Its source code uses Parabolic SAR. It has 3 settings, for example Visual Bars (default 500), Step (default 0.02) and Maximum (default 0.2). 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 PSAR 2B Line Indicator
Forex PSAR 2B Line Indicator is an indicator for MetaTrader 4 based on Parabolic SAR. It has 3 settings, such as Visual bars, Step and Maximum. MQL source code included.
Files in the download: PSAR_2B_Line.mq4, PSAR_2B_Line.ex4, Timer_FXProSystems.ex4, Forex-PSAR-2B-Line-Template.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Visual bars | 500 | |
| 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 · MT4 Indicator · MQL4 Source Code