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Step MA – trend indicator based on MA

Published: 17.01.2014
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Step MA is a trend indicator, which is a modification of the Moving Average. In contrast to the Moving Average, Step MA superimposed on the graph as a stepped line, which also plays the role of support/resistance levels, and the signal line.

Characteristics of Step MA Indicator
  • Platform: Metatrader4
  • Currency pairs: Any currency pairs (recommended Major)
  • Trading Time: Around the clock
  • Timeframe: Any (recommended H1 and higher)
  • Recommended broker: Alpari, Forex4youRoboForex
Settings of Step MA

Length - Volty Length

Kv - Sensivity Factor

StepSize - Constant Step Size (if need)

MA_Mode - Volty MA Mode: 0-SMA, 1-LWMA

Advance - Offset

Percentage - Percentage of Up/Down Moving

HighLow - High/Low Mode Switch (more sensitive)

ColorMode - Color Mode Switch

Using the Step MA in trade

Important: Do not use the indicator to trade alone. Its signals are in need of additional filters.

If the price has crossed the line of the Step MA Iidicator from the top down, we have a signal to open a Short position, if the bottom up - we open a Long position. Exit, when the price crosses the line of indicator in the opposite direction:

step-ma-sell-signal

step-ma-buy-signal

In the archive Step_MA.rar:

  • Step MA.ex4
  • Step MA.mq4
  • Step MA temp.tpl

Free Download Step MA Indicator

Author:
Daniel
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