The iSAR technical indicator which uses as basic price series the X2MA Moving Average. The given indicator attempts to smooth parabolic by the Moving Average for more confidence of its signals.
This indicator was first implemented in MQL4 and published in CodeBase on 27.01.2009.
MT5 Indicator – Download Instructions
ColorX2MA-Parabolic is a Metatrader 5 (MT5) indicator and the essence of the forex indicator is to transform the accumulated history data.
ColorX2MA-Parabolic provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install ColorX2MA-Parabolic.mq5?
- Download ColorX2MA-Parabolic.mq5
- Copy ColorX2MA-Parabolic.mq5 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader 5 Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
- Right click on ColorX2MA-Parabolic.mq5
- Attach to a chart
- Modify settings or press ok
- Indicator ColorX2MA-Parabolic.mq5 is available on your Chart
How to remove ColorX2MA-Parabolic.mq5 from your Metatrader 5 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
Click here below to download MT5 Indicator: