Introduction to the Parabolic Marsi Adaptive MACD Alerts Indicator
The Parabolic Marsi Adaptive MACD Alerts Indicator is, as the name suggests, a combination of the Parabolic Sar, and Adaptive MACD indicators into one trading tool. A buy trade is triggered when the indicator provides blue Parabolic Sar Dots under MACD. Conversely, a sell trade is triggered when the indicator provides red Parabolic Sar Dots above MACD.
The Parabolic Marsi Adaptive MACD Alerts Indicator fits all kinds of timeframes and currency pairs. It is displayed in a separate window placed just below the main trading chart. The default settings can be modified directly from the input tab. Feel free to experiment with the settings and parameters to fit your personal preferences.
How to set up the Parabolic Marsi Adaptive MACD Alerts indicator in MT4?
Download the Parabolic Marsi Adaptive MACD Alerts.rar archive at the bottom of this post, unpack it, then copy and paste the Parabolic Marsi Adaptive MACD Alerts.ex4 or Parabolic Marsi Adaptive MACD Alerts.mq4 indicator files into the MQL4 folder of the Metatrader 4 trading platform.
You can gain access to this folder by clicking the top menu options, which goes as follows:
File > Open Data Folder > MQL4 > Indicators (paste here).
Now go to the left side of your MT4 terminal. In the Navigator find the gauge name, right-click it and select Attach to the chart.
The Parabolic Marsi Adaptive MACD Alerts indicator is well worth adding to your trading collection. A good forex indicator will most probably enhance your chance of success. Nonetheless, remember about having realistic expectations. Just like any other technical analysis tool, is not capable of providing accurate signals 100% of the time. Thus, this forex indicator provides false signals occasionally. Its performance will vary significantly depending on market conditions. Feel free to develop your own trading system based around it. Don’t forget that we still have more great free forex MT4 indicators to download and try.
Download Free Forex MT4 Parabolic Marsi Adaptive MACD Alerts Indicator
To download the Parabolic Marsi Adaptive MACD Alerts for Metatrader 4 (MT4) for free just click the button below: