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The STP Trade Manager is a utility tailored to the ST Patterns strategy by Vladimir Poltoratskiy ( www.stpatterns.com ) While specifically made for this strategy, it can also be used for other trade management. Especially when you have a need for quickly making trades and risk management. It is a huge time saver and helps in quickly drawing the different ST Patterns corridors. People familiar with the ST Patterns strategy will recognize and above all; appreciate the functions of this EA.
Wave and Cycle counter to give an immediate indication how far the ongoing trend has progressed. Low numbers: trend has just started, ride the trend. Higher numbers: trend is 'older', watch for reversals This indicator is 100% compatible with the fantastic TopDog trading strategy. (I will NOT give any details about this Top Dog strategy) The trend direction is determined by a SMA value (or any other MA) you can set. Waves and cycles numbers and letters are derived from a SlowStoch setting