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Jay Digital Parabolic Spy Indicator – indicator for MetaTrader 4

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Old 20-03-2018, 21:34
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Default Jay Digital Parabolic Spy Indicator – indicator for MetaTrader 4

sar.png

Jay Digital Parabolic Spy is a multi timeframe indicator based on the parabolic sar.

It displays timeframes from 15 minutes to 4 hours.

If the parabolic sar is below the price (indicating a buy position), then a green arrow pointing up will be displayed otherwise, a red arrow pointing down will be displayed.

The indicator shows 3 values: Position, pipDifference and SwinG.

The position indicates which direction the parabolic sar is currently in. It will display a green arrow for buy and a red arrow for sell.

Pipifference tells us howfar in pips the price is from the parabolic sar or in other words, how many pips in the oposite direction the parabolic sar will have to move before there is a reversal of the signal.

SwinG is simply the entire length of the candle measured in pips.

Please note that all the values are for the current candles on their respective timeframes.

How to install Jay Digital Parabolic Spy Indicator – indicator for MetaTrader 4.mq4?


    Download Jay Digital Parabolic Spy Indicator – indicator for MetaTrader 4.mq4
    Copy Jay Digital Parabolic Spy Indicator – indicator for MetaTrader 4.mq4 to your Metatrader Directory / experts / indicators /
    Start or restart your Metatrader 4 Client
    Select Chart and Timeframe where you want to test your MT4 indicators
    Search "Custom Indicators" in your Navigator mostly left in your Metatrader 4 Client
    Right click on Jay Digital Parabolic Spy Indicator – indicator for MetaTrader 4.mq4
    Attach to a chart
    Modify settings or press ok
    Indicator Jay Digital Parabolic Spy Indicator – indicator for MetaTrader 4.mq4 is available on your Chart

How to remove Jay Digital Parabolic Spy Indicator – indicator for MetaTrader 4.mq4 from your Metatrader Chart?


    Select the Chart where is the Indicator running in your Metatrader 4 Client
    Right click into the Chart
    "Indicators list"
    Select the Indicator and delete

Click here below to download:

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