Installing Parabolic indicator on NetTradeX Platform

  1. By the command “Indicators” (From the context menu or with the help of the button situated on main mage) user can open dialogue window called “Indicators”, which consists of two parts; “Available Indicators” and “Set indicators”.

    First, left part of the window contains the list of indicators. Second, right part of the window contains the list of chosen indicators in a form of a “tree” stating the name of the financial tool on the top of hierarchical indicator list. User can easily find the “Parabolic” indicator and select it with one click.

  2. Clicking on “Set” Button (on the “Indicators” window), indicator dialogue settings opens name as “Parabolic Properties”. This consists of two types of tabs; “Data” and “View”.

  3. After indicator settings is set user must click on “OK” button to set the indicator on the chart window.

  4. Parabolic is a trend following indicator developed by Welles Wilder and designed to confirm or reject trend direction, to determine trend end, correction or flat stages as well as to indicate possible exit points. The underlying principle of the indicator can be described as “stop and reverse” (SAR).