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
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.
Please note:
Purchasing this Step MA Indicator grant you FULL ACCESS to the Code and Parameters.
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.