Parabolic ZZ 0
This Old Kings indicator for MetaTrader 4 is called Parabolic ZZ 0. As the name suggests, the idea behind it is Parabolic SAR. In the code it works with Parabolic SAR. It draws arrows on the chart. It has 3 settings, for example SAR step (default 0.02), SAR maximum (default 0.2) and Bars Count (default 500). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 Parabolic ZZ 0
Parabolic ZZ 0 is an indicator for MetaTrader 4 based on Parabolic SAR. It draws buy and sell arrows on the chart. It has 3 settings, such as Sar step, Sar maximum and Bars count. MQL source code included.
Files in the download: Parabolic_ZZ-0 (1).mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Sar step | 0.02 | Distance between orders |
| Sar maximum | 0.2 | |
| Bars count | 500 | . |
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 · Buy/Sell Arrows · MT4 Indicator · MQL4 Source Code