Hi,

I really like this indicator, it is called stepup, others call it block-moving average.
It can keep you in a trend for a longer time then with normal moving averages, if you use a longer and a shorter time, it gets you great entries.

Who can code this Block Moving Average for Sierra charts? Or has somebody coded this already for Sierra charts?

There are many different versions, I just attached one of them for reference.
The picture shows the indy with settings (0,0,34,50,2,1,0,1,0) on a 5m EURUSD chart.

Thanks a lot! Regards,

Nicolaas

I do have a more simplified Stepup moving average or Block moving average code in easylanguage, this has about the same output. Maybe this one is easier to convert for Sierra Charts?

The code:

{=== StepUp Moving Average OR Block Moving Average =============}
Inputs: SU_ATR_Length ( 2000 ),
SU_ATR_BoxMultiplyer_1 ( 8 ),
SU_ATR_BoxMultiplyer_2 ( 13 );

Vars: SU_DIR1(0), SU_WorkBoxHalf1(0), SU_Midl1(0), SU_Bot1(0), SU_Top1(0),
SU_DIR2(0), SU_WorkBoxHalf2(0), SU_Midl2(0), SU_Bot2(0), SU_Top2(0) ;

SU_WorkBoxHalf1 = ( SU_ATR_BoxMultiplyer_1 * AvgTrueRange( SU_ATR_Length ) * 0.5 ) ;

If H > SU_Top1 then begin
SU_DIR1 = 1 ;
SU_Top1 = H ;
SU_Midl1 = SU_Top1 - SU_WorkBoxHalf1 ;
SU_Bot1 = SU_Top1 - ( 2 * SU_WorkBoxHalf1 ) ;
End else
If L < SU_Bot1 then begin
SU_DIR1 = -1 ;
SU_Bot1 = L ;
SU_Midl1 = SU_Bot1 + SU_WorkBoxHalf1 ;
SU_Top1 = SU_Bot1 + ( 2 * SU_WorkBoxHalf1 ) ;
end ;

SU_WorkBoxHalf2 = ( SU_ATR_BoxMultiplyer_2 * AvgTrueRange( SU_ATR_Length ) * 0.5 ) ;


If H > SU_Top2 then begin
SU_DIR2 = 1 ;
SU_Top2 = H ;
SU_Midl2 = SU_Top2 - SU_WorkBoxHalf2 ;
SU_Bot2 = SU_Top2 - ( 2 * SU_WorkBoxHalf2 ) ;
End else
If L < SU_Bot2 then begin
SU_DIR2 = -1 ;
SU_Bot2 = L ;
SU_Midl2 = SU_Bot2 + SU_WorkBoxHalf2 ;
SU_Top2 = SU_Bot2 + ( 2 * SU_WorkBoxHalf2 ) ;
end ;

{ ================ Print ======================================}
vars: SU_mid_C1(0), SU_mid_C2(0);

If SU_DIR1 = 1 then SU_mid_C1 = cyan else SU_mid_C1 = magenta ;
plot1 ( SU_Midl1, " SU_Midl1 " , SU_mid_C1 ) ;

If SU_DIR2 = 1 then SU_mid_C2 = cyan else SU_mid_C2 = magenta ;
plot2 ( SU_Midl2, " SU_Midl2 ", SU_mid_C2 ) ;