Trend indicator StepMA emad: better than the moving average
Trend indicator StepMA emad is the next modification of the popular StepMA indicator. The author of the modification is mladen, a well-known trader in the circles of traders.
In essence, the StepMA emad trend indicator is a moving averageIt uses a derivative of the EMA and has a multi-timeframe mode, as well as a wide range of settings and parameters.
The StepMA emad trend indicator is presented in two versions: as a line and as a bar chart.
Depending on the trend direction, the StepMA emad indicator changes the color of the line or bar of the histogram and displays text and sound alerts.
Experts of fortrader.org magazine believe that the StepMA emad indicator can be used as a filter in trend trading strategies.
Download StepMA emad indicator
Other modifications of the StepMA indicator
It essentially crosses the muwings between each other and produces a common constant that either goes to buy or sell, based on which muving is under which one.
I tested the professional insider indicator in my time, it is quite simple in work, but the trick is that it takes data from the market makers' market (about buying and selling on the market), which simplifies the work.
He was on a millionaire in his day
I liked the bell on the STEPMA turkey, a lot of people really miss it because it simplifies the work a lot.
StepMA emad indicator does not work Time frame to use function when selecting time frame terminal completely hangs could you tell me why or I am doing something wrong.