PriceChannel Parabolic system summary

PriceChannel Parabolic system basic edition

• indicators and template to download for black background (first post of this thread)
• PriceChannel indicator is on CodeBase here, same for white background, how to install
• Clock indicator to be used with this trading system - Indicator displays three variants of time in the chart: local, server and GMT
  

Latest version of the system with latest EAs to download

• pricechannel_parabolic_system_v1 EA
• pricechannel_parabolic_system_v1_1 EA with updated indicator
• Fully updated EA with trading system is on this post and latest indicators to download  

How to trade

• tp/sl levels and timeframes
• how to trade with explanation
• graphical illustration about where to enter and where to exit with latest version of the system
• how to use AFL Winner indicator with more explanation,
• Updated manual system with templates and indicators - this post 

The settingas for EAs: optimization and backtesting 

• optimization results for this EA for EURUSD H4
• backtesting results for EURUSD H4 with the settings #1
• backtesting results for EURUSD H4 with the settings #2
• optimization results for EURUSD M15 
• backtesting results for EURUSD M15 with the settings #1
• optimization results for GBPUSD M15
• backtesting results for GBPUSD M15 with the settings #1

Trading examples

Metaquotes demo 

• MT5 statement is here
• Updated statement is here
• More trading updates
• Updated MT5 statement
• More updates
• 811 dollars for 3 trading days and final statement for scalping

GoMarkets broker, initial deposit is 1,000

• statement (77 dollars in less than 1 hour)

Alpari UK broker initial deposit is 1,000

• statement (517 dollars for one day)

RoboForex broker initial deposit is 1,000

• first statement
• updated statement  (257 dollars in 2 days)