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Forex Zig-Zag on Parabolic MQ4 Trading Indicator and Strategy


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.

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

Trading NOTES

DOWNLOAD INDICATOR


  • 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

DOWNLOAD TRADING SYSTEM


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