Author: TrendLaboratory
Are you looking for a reliable trend indicator for MetaTrader 5? Look no further than StepMA 3D v3! This powerful tool utilizes three moving averages, each with different time periods, and incorporates the Average True Range for precise calculations.
//+----------------------------------------------+ //| Indicator input parameters | //+----------------------------------------------+ input uint Length = 10; // ATR period input double Kv = 1.000001; // Sensitivity of the price change input ENUM_MA_MODE MA_Mode = MODE_SMA_; // ATR averaging method input int ShiftMIN = 0; // horizontal shift of fast trend indicator, in bars input int ShiftMID = 0; // horizontal shift of medium trend indicator, in bars input int ShiftMAX = 0; // horizontal shift of slow trend indicator, in bars
The green moving average serves as a fast trend indicator, while the red and blue lines indicate slower trends. If the blue line sits above the red, you’re looking at a bullish trend; if it’s the other way around, it’s a bearish signal.
Fig. 1. The StepMA_3D_v3 indicator
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