StepChoppy v2

StepChoppy v2

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An indicator of trend power with eight states. A growing trend is light blue and blue, the falling is red and yellow. Dark color indicates a strong trend, light color – a weak one.

For the correct operation of the StepChoppy_v2 indicator, place the compiled files of StepRSI and StepMA_Line in folder terminal_data_directory\MQL5\Indicators.

This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 22.02.2008.

 

MT5 Indicator – Download Instructions

StepChoppy v2 is a Metatrader 5 (MT5) indicator and the essence of the forex indicator is to transform the accumulated history data.

StepChoppy v2 provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust their strategy accordingly.

How to install StepChoppy v2.mq5?

  • Download StepChoppy v2.mq5
  • Copy StepChoppy v2.mq5 to your Metatrader Directory / experts / indicators /
  • Start or restart your Metatrader 5 Client
  • Select Chart and Timeframe where you want to test your indicator
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
  • Right click on StepChoppy v2.mq5
  • Attach to a chart
  • Modify settings or press ok
  • Indicator StepChoppy v2.mq5 is available on your Chart

How to remove StepChoppy v2.mq5 from your Metatrader 5 Chart?

  • Select the Chart where is the Indicator running in your Metatrader Client
  • Right click into the Chart
  • “Indicators list”
  • Select the Indicator and delete

Click here below to download MT5 Indicator:

StepChoppy v2

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