Stairsteps expert advisor

The trading strategy of RobotFX Stairsteps expert advisor is to trade breakouts of consolidation zones. It often happens that the price moves in a short range (ie the price consolidates) for a while and then breaks out of these consolidation zones. When this happens, many traders set pending orders above or below these zones - if they are following the trend, or at both ends if they are uncertain of the trend - in this case trader should consider using an OCO (one cancels other) approach. When the price breaks out of the CZ (consolidation zone) and hits the pending order(s), a trade will open.