Step Channel | Forex indicator download- MT4/MT5 resources- MetaTrader 5 resources

Hello everyone

I used to publish my codes, systems, indicators in mql4.com...

But I decided to start posting on the ff forum,

First of all, I'm sorry if my English is not good enough, but I will try my best

I will share a trading system that I know works for new/old traders,
For new traders this will help them understand the market better and for old traders it will be like an idea.

Anyway, here's the whole system:

The system has two types of positioning, one is long-term positioning and the other is short-term positioning.
The method is simple, as long as you know what the trend is.

Long-term positions will chase the trend until the last drop of blood. While short-term positions are useful for those who want to enter the market during the day

You will use H1 to identify trends and price retracement areas, and you will use m15/m30 to open positions

trend:
To identify trends, you should do this:
Bull Trend:
1- When price is above the white line (our main channel line)
2- MTF_Stepfilter is higher than 40-50 level
Channel 3 is on the road to success across the board.
4-The trend line shows that this is an uptrend!

For a bearish trend these would be opposite,

You have to see all of these conditions, if you see some of them then it's probably a range, or non-trend

Take a look at this photo and you'll see what I'm trying to say:
http://www.forexfactory.com/attachme...1&d=1338367483

Below is a picture of the area used to enter the location,
For long term positions you will use the red zone and for short term positions you will use the green zone.
http://www.forexfactory.com/attachme...1&d=1338368161

Long position <br> After you identify the trend on the H1 time frame as bullish.

You have to wait until the price retraces to the area between the two channels (the area between the first blue line and the first red line)

In one method, you would go long when the price hits the white line, but in another, better method, you would enter a long position using a lower time frame,

Once the price enters this area you have to wait until MACD on the lower TF gets a buy signal or you see + divergence then you can enter longs

Most of the time I use a free target for my long term positions, or I will use at least a 100 pip target

For stop loss, I focus on the important level of H1 and the first red line of our channel, using an average stop loss between these levels,

The perfect signal is when you get a divergence or you see a MACD buy signal on the h1, m30, m15 timeframe.

Short Position <br> Opposite of long position

Example <br> USD/CHF first half
http://www.forexfactory.com/attachme...1&d=1338367737

You switch to m30 and you can see the signal:
http://www.forexfactory.com/attachme...1&d=1338367737

First determine the trend of h1 like I told you.
These positions are similar to long-term positions, but the area you enter into the position is different from long-term positions.

The area for entering short positions is between the first and second channel lines,
To enter a position, you should switch to the m15, m5, m1 timeframe to enter the position. As with long-term positions,

But there are a lot of things you have to know about short term positions, which I will post after you get used to the system.

Example of short-term position. In this example, the price reaches the first area of ​​the channel in a bullish trend,

http://www.forexfactory.com/attachme...1&d=1338368161

For Stop Loss and Take Profit, use channel lines.

For indicator settings you have to enter the step size and KV for each symbol you want,
I've attached an example of a template that can be used with Eurosd,

Remember, if you already have StepMA, please re-download it as I have modified it.

Give everyone some green points