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StairSteps indicator MT4

StairSteps indicator MT4, a MetaTrader MT5 and MT4 expert advisor for trading forex profitably, as well as stocks, indices, futures  and can be downloaded for free from RobotFX
NFA & FIFO COMPATIBLE
...made to work with most brokers
ONE SINGLE PAYMENT
...no hidden fees, no subscriptions
FREE LIFE UPDATES
...every time a version is released
A chart showing the StairSteps consolidation zone indicator. The StairSteps indicator is a consolidation zone indicator who’s purpose is to draw the CZ on the chart and alert the trader when there are breakouts of this consolidation zones. This trading strategy does not rely on the trend as consolidation zones and breakouts occur regardless of the trending price.
A chart showing StairSteps indicator during a consolidation period.

A chart showing a breakout from a StairSteps consolidation zone.
This strategy has been automated and the StairSteps EA trades breakouts automatically. The indicator is also included in the StairSteps EA bundle. The settings are similar to the StairSteps EA settings and we suggest visiting the above link to read the description.
StairSteps MT4 indicator settings

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fully functional but limited to trading on demo accounts
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5 Comments
George
The Stairsteps indicator is pretty handy for seeing clear support and resistance zones. It simplifies the chart and helps me quickly identify price levels without clutter.
Anonymous
I like how this indicator draws levels that adjust as price moves, which helps keep things relevant. Took a little time to get used to how it behaves but now it’s part of my daily routine.
Dositheos
This one works well on multiple timeframes, especially on the 1H and 4H charts. It’s not flashy but does the job in helping me find key areas where price might react
Kamal Katashi
Easy to use and doesn’t slow down MT4, which is always a plus. The lines are clear and I haven’t had any issues with it repainting or giving confusing signals.
Patricia
It’s a good visual aid for traders who want simple support and resistance without too much noise. The stairsteps pattern is easy to follow and helps in planning entries and exits
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