Step

Fractal Dimension Index. + Step EMA – indicator MetaTrader 4

by
Fractal Dimension Index. + Step EMA - indicator for MetaTrader 4
Step_Ema_LK.mq4: This is a hybrid step / ema filter I wrote a while ago. Exchanging some lag/price for lag/time then prices moves a lot. LK_FDI_V2.mq4: Is my version of a Fractal Dimension Index. Following more or less the same principles as FGDI.mq4 posted elsewhere in the codebase. (There is some small differences, especial when dealing … Read more

Step Up and Down Forex Indicator – indicator MetaTrader 4

by
Step Up and Down Forex Indicator
Step Up and Down Forex Indicator draws the price direction movement with single arrow Up or Down on the trading chart. New Update for Step Up Down Forex Indicator. StepUpDown Forex Indicator Update 2014/06/23, include: 1. Update and add new formulas. 2. Add functions Alerts, when the arrow appears or change direction. Step Up and … Read more

CCI on Step Channel – indicator MetaTrader 4

by
cci on step channel
The classic CCI indicator uses Moving Average of Typical price. This version uses median line of the Step Channel indicator. This line will be created from the result of tug of war between [raising price] and [falling price]. This chart shows the differences. Blue Line is Typical SMA(14), Pink Line is Volatility Step Channel(StdDev(1.0), Ma(3), … Read more

Step stochastic 2 – indicator MetaTrader 5

by
Step stochastic 2 - indicator for MetaTrader 5
New version of non-repainting step stochastic indicator. It has been upgraded in multiple ways : code is completely rewritten and optimized step stochastic calculation is a function now (easily usable from any other code) indicator has alerts now indicator is multi time frame now indicator has an option to filter (smooth) prices using one of … Read more

Step chart of averages – indicator MetaTrader 5

by
Step chart of averages - indicator for MetaTrader 5
Basic theory : Step chart indicator, in its basic form, is made as a way to filter out insignificant price changes. Price changes are specified in pips and all the changes smaller than the desired are ignored. When drawing such values we are getting that characteristic step like chart and that is where the name … Read more