Balance Step

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Balance Step

Balance Step Own Period

This is a simple Moving Average of the last 5 Balance Points but in step formation. This is projected 1 period forward.

Balance Step Next Period

This is a simple Moving Average of the last 5 Balance Points of the Next period bar plotted in step formation. This is projected 1 period forward. For example, if using the Daily bars then we can use the Weekly steps to define the tradable trend (weekly being the Next time period).

Balance Step Highest Period

This is a simple Moving Average of the last 5 Balance Points of the Highest period bar but in step formation. This is projected forward 1 period. If using a Daily-Weekly-Monthly chart the Highest period is the Monthly prices.

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