• Overview
  • Reviews
  • Comments

Stairs Levels Mt5

The Stairs Levels indicator draws lines at regular time intervals. The indicator also visualizes the most probable price movement continuation. Explanation:

  • if quotes are accumulated mainly under the stairs, an upward price movement should be expected;
  • if quotes are accumulated mainly on the stairs, a downward price movement should be expected;

The indicator can be used on any time frames and currency pairs.


Indicator Parameters

  • Calc_Period – calculation step, (e.g. 40)
  • Calc_History – calculation period (e.g. 1000)
  • CLR_Lvl – the color of the indicator line

This is the first version of the indicator. We will consider all suggestions and responses. Please write comments.

No reviews