Updated StepMA

Hi Igor
Is it possible to made MT5 version of the StepMA_v9.1 indicator?
Thank you Laszlo

Step average (atr based) - indicator for MetaTrader 5

It is using percent of ATR (Average True Range) as a filter. It is done in order to fix one of the weak points of using fixed (pips) step size : different time frames tend to have different results for fixed step size (ie: higher time frames become almost without steps and lower time frames still have those steps for same setting). Percent of ATR usage fixes that and makes it a sort of adaptive. The rest is the same: if the average does not changes for more than the required step, the value of the average remains the same. Otherwise it is changed in order to reflect the nearest value based on the required steps.

Hi Igor,

Not sure why I am not able to see indicatore in M1 & M5, rest other TF i can see. I saw some Kaufman3 error in message...not sure is that related to this?


Regards,
Jag

Originally Posted by newdigital

StepMACrossover_v3.2 600+ indicator is on this post (premium section link). This is the updated StepMACrossover indicator with ability to use The High/low prices for the step size calculation.

Attachment 32748

Originally Posted by jagadish123

Hi Igor,

Not sure why I am not able to see indicatore in M1 & M5, rest other TF i can see. I saw some Kaufman3 error in message...not sure is that related to this?


Regards,
Jag

Hi Jag,

I've checked the indicator and it works fine on any timeframe. Could you give me more details on this issue?

Attachment 38969

Regards,
Igor