DOWNLOAD Forex Zig-Zag on Parabolic Trading System – The Zig-Zag indicator is a basic tool that analysts use to find out when a security’s trend is reversing.
Trading NOTES
- DOWNLOAD these NON-REPAINT Tools For Making The Perfect Trade Entry (the best trading tools all traders MUST HAVE)
- Use a demo account or a small live account first to practice this trading system
By determining the support and resistance areas, it helps to identify significant changes in price while filtering out short-term fluctuations, thus eliminating the noise of everyday market conditions.
- Time Frame: M5 or higher
- Currency Pairs: Any
MetaTrader Trading Indicator
- ZigZag on Parabolic
- VAR Moving Average
- RSI
How to install “Zig-Zag on Parabolic System“
- Download “TraderVersity.Com-ZigZagParabolicSystem” (Zip/RAR File).
- Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
- Copy the “TraderVersity.Com-ZigZagParabolicSystem.tpl” file (template) to your Metatrader Directory …/templates /
- Start or restart your Meta Trader Client.
- Select Chart and Time frame where you want to test your Forex system.
- Right-click on your trading chart and hover on “Template”.
- Move right to select “TraderVersity.Com-ZigZagParabolicSystem” trading system and strategy
- You will see “Zig-Zag on Parabolic System” is available on your Chart
BUY Rule
- VAR Moving Average: Green Dot
- ZigZag on Parabolic: The Green Dots VAR Moving Average indicator above the Parabolic
- RSI line: Above the level 55
SELL Rule
- VAR Moving Average: Red Dot
- ZigZag on Parabolic: The Red Dots VAR Moving Average indicator below Parabolic
- RSI line: Below the level 45