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)
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 .rar
