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Step indicators are a development and, of course, a kind of response to the ever-evolving and accelerating trading environment of modern financial markets.
The MasterStepper is a brand new trading indicator that has been created precisely to be able to respond to the turbulent environment of today's financial markets as well and thus provide a certain advantage to all those who actively use it.
- Step Moving Averages Indicator
- User Intensity: Slightly Advanced
- Usability: Forex, Oil
- MetaTrader 4 Compatibility.
- Free indicator updates
Trading with the indicator
MasterStepper works on a very similar principle to moving averages, which results in position entries occurring with the same principle (long entries - price goes through the line from bottom to top, short entries - price goes through the line from top to bottom), However, its significant advantage is that the algorithm uses the so-called stepping to develop the line over time, which is a much better representation of the current average value and the trader thus gets a much better overview of the current market situation.
Due to its features, the MastrerStepper indicator is very suitable for Forex trading, and it achieves particularly great results when used within the H1 and H4 timeframes, where it is no exception that one successful trade can erase 3 or more bad ones on average (see chart below).
Download MasterStepper from the button below
