Step MA Indicator
Updated: Jul 3, 2019
Description: Step MA Indicator 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: All pairs (recommended Major)
Trading Time: Any
Time-frame: Any (recommended H1 and higher)
Recommended Brokers: AxiTrader, FxPro, HYCM, InstaForex, easyMarkets, FXTM
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 (Recommended 30)
HighLow - High/Low Mode Switch (more sensitive)
ColorMode - Color Mode Switch
How to use Step MA indicator for Trading:
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 Indicator 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:
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RISK DISCLAIMER
The application displayed on this page does not take in to consideration your individual personal circumstances and trading objectives. Therefore, it should not be considered as a personal recommendation or investment advice. Past performance is not indicative of future results. There is no guarantee that the systems, trading techniques, trading methods, expert advisors (EAs), scripts and/or indicators will result in profits or not result in losses.
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