StepChoppy_v2 - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Trend strength indicator with eight states. Uptrends are in light blue and blue, downtrends are in red and yellow. Dark colors indicate strong trends, light colors indicate weak trends.
In order for the StepChoppy_v2 indicator to work correctly, place the compiled files in the step RSI and step MA_lines folders terminal_data_directory\MQL5\Indicators.
The indicator was first implemented in MQL4 and published in the code base of mql4.com on February 22, 2008.
Figure 1. StepChoppy_v2 indicator
Attachment download
📎 stepma_line.mq5 (9.09 KB)
📎 steprsi_v52.mq5 (8.58 KB)
📎 stepchoppy_v2.mq5 (9.31 KB)
Source: MQL5 #1882
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