This indicator presents four parabolic indicators at one time. The indicator is for amateurs of parabolic trading systems.
Indicator input parameters:
//+----------------------------------------------+ //| Indicator input parameters | //+----------------------------------------------+ input double Start_Step=0.002; // step to the smallest indicator input double Step_Shift=0.002; // size of step change input double Maximum=0.2; // the maximum for all indicators input int Shift=0; // horizontal shift of the indicator in bars
Start_Step input parameter is a Step for the first parabolic.
For the second parabolic Step parameter will be equal to Start_Step+1*Step_Shift.
For the third parabolic Step parameter will be equal to Start_Step+2*Step_Shift.
And for the fourth parabolic Step parameter will be equal to Start_Step+3*Step_Shift.

Fig.1 The iSarX4 indicator