Parabolic FX is an automated trading system that uses a top-down trading method. The top-down trading method looks at a higher time frame and uses moving averages to determine the direction of the trend. This expert advisor runs on any Metatrader 4 Forex broker and will also run on any chart timeframe. Parabolic FX can trade any currency pair with ease and can operate with other expert advisors.
There is no minimum balance required to run this expert advisor and you have complete control over the amount of positions it opens and the size of those trades. This expert advisor uses fixed lots, which allows the trader to adjust the amount of Lots the expert advisor opens its orders with. Fixed Lot method gives the trader complete control over money-management of the expert advisor.
This is a screen shot of a chart that Parabolic FX expert advisor is attached to. Arrows and text have been added to point out and describe each object on the chart.
Click on the Thumbnail to enlarge. This is a screenshot of the trading platform with Parabolic FX running on a chart. Notice the Minor trend and Major trend are up. The expert advisor took advantage of the up trend by capturing profit and protecting it with a trailing stop-loss.