Dear traders,

A new version of the indicator is ready.

Now the indicator can switch the timeframe if you click on the corresponding rectangle of the graphical panel. This function works if DLL import is allowed.

Unfortunately it will not be published in the MQL5 Market due to the restrictions on the use of DLL libraries. You can try the new version by downloading it from my site (see link in profile).

If you bought a previous version of the indicator in the MQL5 Market and want to update it, let me know.

Dear traders!

In accordance with the new Rules, it is prohibited to place products on the Market service that have the words Demo, Free, Light, etc. in their names.

Therefore, you can download the "Double Parabolic MTF Free" version from here

The indicator is freely distributed and hasn't audio signals or messages. Its main function is the visualization of Parabolic from two timeframes in the usual form.

Уважаемые трейдеры!

В соответствии с новыми Правилами, на сервисе Маркет запрещено размещение продуктов, имеющих в названии слова Demo, Free, Light и т.п.

Поэтому версию "Double Parabolic MTF Free" вы можете скачать отсюда.

You can think of so many ways to trade using the "Parabolic MTF" indicator.

Here is the simplest one:

Entering the market at a breakout price of the Parabolic of the smaller TF towards the Parabolic of the larger TF (or when the next bar opens, when the indicator signal appears).

Move the Stop-loss along the Parabolic of the larger TF.

Fixation of profit at a level equal to the first Stop-loss or early closure on the reverse breakout of the Parabolic of a smaller TF.