Super Parabolic Trading Strategy 2
From the Old Kings archive: Super Parabolic Trading Strategy 2, an indicator for MetaTrader 4. Judging by its name, it is built around Parabolic SAR. In the code it works with moving averages. It draws arrows on the chart, can send alerts and can read another timeframe. It has 26 settings, for example Time Frame (default 0), Price (default 0) and Hi Lo Mode (default 0). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 9 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 Super Parabolic Trading Strategy 2
Super Parabolic Trading Strategy 2 is an indicator for MetaTrader 4 based on Moving Average. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 26 settings, such as Time frame, Price and Hi lo mode. MQL source code included.
Files in the download: AdaptiveParabolic Histo_v2.1.ex4, AdaptiveParabolic Histo_v2.1.mq4, AdaptiveParabolic_v2.1.ex4, AdaptiveParabolic_v2.1.mq4, AdvancedParabolic_v2.2.ex4, AdvancedParabolic_v2.2.mq4, Deep Bar Indicator.ex4, Heiken Ashi.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | 0 | TimeFrame in min |
| Price | 0 | Price Mode (0...6) |
| Hi lo mode | 0 | 0-off,1-on |
| Start af | 0.02 | Start value of Acceleration Factor |
| Min step | 0.00 | Minimum Acceleration Factor increment |
| Max step | 0.02 | Maximum Acceleration Factor increment |
| Max af | 0.2 | Maximum value of Acceleration Factor |
| Adaptive mode | 1 | 0-off,1-Kaufman,2-Ehlers |
| Adaptive smooth | 5 | Adaptive Smoothing Period |
| Filter | 0.0 | Filter in pips |
| Min change | 0.0 | Min Change in pips |
| Indicator value | 1 | Indicator Value (ex.1.0) |
| Alerts | --- Alerts & Emails --- | Turn this alert on or off |
| Alert mode | 1 | Alert Mode: 0-off,1-on |
| Sounds number | 5 | Number of sounds after Signal |
| Sounds pause | 5 | Pause in sec between sounds |
| Up sound | alert.wav | Turn this alert on or off |
| Dn sound | alert2.wav | Turn this alert on or off |
| Email mode | 0 | 0-on,1-off |
| Emails number | 1 | 0-on,1-off |
| Signal mode | 1 | SignalMode: 0-only Stops,1-Signals & Stops |
| Step | 0.02 | Acceleration Factor increment |
| Color1 | Red | Shadow of bear candlestick |
| Color2 | White | Shadow of bull candlestick |
| Color3 | Red | Bear candlestick body |
| Color4 | White | Bull candlestick body |
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 · Alerts · Multi-Timeframe (MTF) · Moving Average · MT4 Indicator · MQL4 Source Code