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Step MA Indicator

Writer's picture: Forex Robots PROForex Robots PRO

Updated: Jun 18, 2024

Step MA Indicator

Step MA Indicator: Enhancing Trend Trading with Modified Moving Averages.


Description: The Step MA Indicator is a trend indicator, which is a modification of the Moving Average. Unlike the standard Moving Average, the Step MA is displayed as a stepped line on the graph, acting as both support and resistance levels and a signal line.


Key Features of Step MA Indicator

  • Platform: Metatrader4

  • Currency pairs: All pairs (Major pairs recommended)

  • Trading Time: Any

  • Time-frame: Any (H1 and higher recommended)


Step MA Indicator Settings:


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 (Recommended 30)

HighLow - High/Low Mode Switch (more sensitive)

ColorMode - Color Mode Switch


Step MA Indicator

How to use Step MA indicator for Trading:


Important: The Step MA Indicator should not be used as a standalone trading signal. Additional filters are necessary to validate its signals.


  • Short Position: When the price crosses the Step MA line from above to below, it signals a potential short position.

  • Long Position: When the price crosses the Step MA line from below to above, it signals a potential long position.

  • Exit Strategy: Exit the trade when the price crosses the Step MA line in the opposite direction.


Step MA Indicator


Step MA Indicator
 

You may buy this awesome Step MA Indicator just only for 5.45$.


For full access, including codes and parameters, click on Step MA Indicator to purchase it.


RISK DISCLAIMER:

The application shown on this page does not consider your personal circumstances and trading objectives. Therefore, it should not be seen as a personal recommendation or investment advice. Past performance is not indicative of future results. There is no guarantee that the systems, trading techniques, methods, expert advisors (EAs), scripts and/or indicators will lead to profits or prevent losses.

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