Up And Down Step Buy/Sell Metatrader 4 Indicator

The up and down step indicator is a fully automated buy and sell forex indicator with very simple trading rules for both long and short trades.

Trading Signals

Buy: Wait for an up arrow to appear on the chart. Then open a buy trade at the open of the next candlestick. Place stop below the most recent support level.

Sell: Wait for an down arrow to appear on the chart. Then open a sell trade at the open of the next candlestick. Place stop above the most recent resistance level.

Indicator Preferences

Currency pairs: any
Preferred Time frames: 30 min and up
Sessions: any

Download

Download the stepupdown Metatrader 4 indicator.

Configurable Indicator Options

Colors

EUR/USD Daily Chart Example