Name: StepMA_Line
Rating: 4 (26 reviews)
Author: Nikolay Kositsin

Watch how to download trading robots for free

Find us on Twitter!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Published by:

Nikolay Kositsin

Views:

8398

Rating:

(26)

Published:

2011.11.15 18:26

Updated:

2016.11.22 07:32

stepma_line.mq5 (9.09 KB) view

Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Real author:

igorad

StepMA is executed as a moving average.

Trading signals:

We should buy when the indicator line is changing its color from magenta to blue. A long position should be kept till the line color is changed to magenta.
We should sell when the indicator line is changing its color from blue to magenta. A short position should be kept till the line color is changed to blue.

StepMA Line

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/560

Smoothed ADX

There are a lot of smoothing algorithms. This indicator is a smoothing of standard ADX.

Ichimoku Cloud

Simplified Ichimoku indicator (Ichimoku Kinko Hyo) containing only the cloud.

Waddah Attar Explosion

The indicator shows the moments of the market acceleration. Besides, it indicates appropriate time for buying, selling and market exit.

Fisher Transform

Fisher indicator calculates minimum and maximum price levels in previous history, determines direction of a trend and forecasts its reversal.

StepMA_Line - indicator for MetaTrader 5