StepChoppy_v2 - Indicator for MetaTrader 4

Indicator for MT4 and MT5, that allows to measure the strength of the trend. It is developed on the StepMA_v7 and StepRSI_v5.2 tools basis.

Each color of the indicator's histogram corresponds to a certain market characteristic:

• deep blue-blue - growing trend;
• red-yellow - a falling trend.

The stronger the trend, the darker the histogram line.

For correct operation of the indicator in MT5, you need the compiled files of the StepMA_Line and StepRSI tools.