There are products being sold at high prices that rely only on the Parabolic method

I once bought a product that sold methods using only Parabolic at a high price.

Parabolic (Parabolic)

Indeed, Parabolic itself is quite good. It’s excellent.

It comes installed in MT4 by default.

However, on its own it isn’t really a complete method.

So, I wanted to combine it with some other indicator

and wondered if Parabolic could be used for everything?

If you have confidence in Parabolic’s excellence and are prepared to trust and fully use it

and approach it with that mindset,

I displayed multiple Parabolic indicators

more than those in expensive products, and in greater quantity.

The high-priced products were techniques intended for longer time frames.

4-hour, 1-hour, etc.

But I think the shorter time frames are easier to use.

With longer time frames, the stop loss width tends to widen as well.

The loss from a single trade is larger, and it also takes more time,

so the impact can feel bigger (depending on individual temperament).

In a 1-minute chart

Blue: 1-minute Parabolic setting "0"

Green: 5-minute Parabolic setting "5"

Light blue: 15-minute Parabolic setting "15"

Light green: 1-hour Parabolic setting "60"

Note: The indicator used is called MTF_Parabolic,

a multi-timeframe indicator that can display two timeframes

“TimeFlame” is the timeframe setting value

Available for free from the internet

From the top

Blue, Green, Light Blue, Light Green,

When the 1-minute Parabolic appears below the candlesticks, enter long

Exit when it reverses

From the bottom

Blue, Green, Light Blue, Light Green,

When the 1-minute Parabolic appears above the candlesticks, enter short

Exit when it reverses

From our EHMtrade method’s perspective,

including the 1-hour Parabolic feels a bit too much

and might get in the way,

(Long-term analysis is important, but overdoing it can be negative)

Remove the 1-hour Parabolic

From the top

Blue, Green, Light Blue,

When the 1-minute Parabolic appears below the candlesticks, enter long

Exit when it reverses

From the bottom

Blue, Green, Light Blue,

When the 1-minute Parabolic appears above the candlesticks, enter short

Exit when it reverses

I think that would be about right

Trying Parabolic again after a long time,

and looking at it anew, it’s quite good, isn’t it?

With proper money management and planning, it seems like a fully usable method.

I’ve seen many high-priced products, but…

There are many cases that are this simple as well.

Simple does not necessarily mean bad,

and there are some products that deliberately overcomplicate things to look legitimate.

Like this column, you can see various methods and patterns even in free information.

And do the differences between free information and high-priced products really exist…

In fact, there are very few things that truly justify a high price.

You can make a tool that appears similar pretty easily.