Dynamic Step Moving Average MT5

This is a version of the Moving Average which uses not just the price for calculations, but an increasing price step: dynamic (default) or fixed. A complex price channel is used for changing the line direction. The channel parameters are adjustable. This line can be used as a trend indication or as a support/resistance level. For Yen pairs and metals, divide the values of the first two parameters by 10.

• StepKoeff - step increase factor,
• MaxKoeff - multiplier defining the max step value,
• DynamicMode - enable/disabled dynamic step calculation,
• StepPeriod - period for dynamic step calculation,
• PeriodHighMA - the smoothing period of the upper line of a limiting channel,
• MethodHighMA - the smoothing method of the upper line of a limiting channel,
• PriceHighMA - the price used for the calculation of the upper line of a limiting channel,
• PeriodLowMA - the smoothing period of the lower line of a limiting channel,
• MethodLowMA - the smoothing method of the lower line of a limiting channel,
• PriceLowMA - the price used for the calculation of the lower line of a limiting channel.