Forex ZIG ZAG Parabolic Rsioma Trading System 3
From the Old Kings archive: Forex ZIG ZAG Parabolic Rsioma Trading System 3, an indicator for MetaTrader 4. Judging by its name, it is built around the ZigZag swing tracer and Parabolic SAR. In the code it works with Parabolic SAR. It draws arrows on the chart. It has 4 settings, for example Step (default 0.02), Maximum (default 0.2) and remums Shift (default 1). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 5 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 ZIG ZAG Parabolic Rsioma Trading System 3
Forex ZIG ZAG Parabolic Rsioma Trading System 3 is an indicator for MetaTrader 4 based on Parabolic SAR. It draws buy and sell arrows on the chart. It has 4 settings, such as Step, Maximum and Extremums shift. MQL source code included.
Files in the download: installation manual.txt, rsi chart bars.ex4, RSIOMA_v2.ex4, support-resistance-4-hour.ex4, ZigZagOnParabolic.ex4, ZigZagOnParabolic.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Step | 0.02 | Distance between orders |
| Maximum | 0.2 | |
| Extremums shift | 1 | : 0 - ; 1 - |
| History | 0 | - ; 0 - |
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: ZigZag · Parabolic SAR · Buy/Sell Arrows · MT4 Indicator · MQL4 Source Code