Download MetaTrader 5

Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

2011.11.10 12:30
Indicators

3Parabolic System - indicator for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

Views:
4412
Rating:
votes: 13

This indicator generates signals for performing deals using alerts and colored dots on a chart.

This indicator compares the signals of three versions of Parabolic SAR indicator. The versions are set at different timeframes: junior (chart timeframe), middle and senior.

Senior and middle timeframes are searched for Parabolic SAR indicator trend signals, while the junior timeframe is searched for a trend reversal signals.

For example, when parabolics are moving up at senior and middle charts while being lower than the current price and the parabolic has changed its location from "above the price" to "below the price" at the junior chart, then a buy signal is generated. A sell signal is generated the same way.

3Parabolic System


Indicator input parameters:

//+----------------------------------------------+
//| Indicator input parameters                   |
//+----------------------------------------------+
input uint AlertCount=0;          // Number of submitted alerts
input uint SignalBar=1;           // Signal bar index, 0 is a current bar
//---- current timeframe iSAR indicator parameters 
input double Junior_Step=0.02;    // Junior iSAR step
input double Junior_Maximum=0.2;  // Junior iSAR maximum
//---- middle timeframe iSAR indicator parameters 
input ENUM_TIMEFRAMES Middle_TimeFrame=PERIOD_H1; // Middle iSAR chart period
input double Middle_Step=0.02;    // Middle iSAR step
input double Middle_Maximum=0.2;  // Middle iSAR maximum
//---- senior timeframe iSAR indicator parameters
input ENUM_TIMEFRAMES Senior_TimeFrame=PERIOD_H12; // Senior iSAR chart period
input double Senior_Step=0.02;    // Senior iSAR step
input double Senior_Maximum=0.2;  // Senior iSAR maximum

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/554

CG Oscillator CG Oscillator

CG Oscillator basic and signal lines crossing generates buy and sell signals.

Mikahekin Mikahekin

Mikahekin can be called a complete analytical block rather than just an indicator. The color of bars shows a trend direction and their height indicates a trend power. Blue and magenta dots show trailing-stop levels for long and short positions, respectively.

Fisher Cyber Cycle Fisher Cyber Cycle

Fisher Cyber Cycle is an oscillator that modifies the Cyber Cycle custom indicator values using Inverse Fisher Transform.

Color Parabolic Color Parabolic

Ergonomic Parabolic SAR. The indicator itself is a two-color one and it also adds large colored dots that appear during each trend reversal.