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Magic TD Sequential 9

Introduction to the Magic TD Sequential 9

The "Magic TD 9" is a technical analysis tool for stocks. It is based on historical price data and divides prices into nine levels based on a certain magnitude. It then calculates the average price of each level and constructs a sequence of nine data points. This sequence is called the "Magic TD 9," with the first data point representing the stock's lowest price and the ninth data point representing the highest price.



Index inputs:

1 Turns: represents the highest value of consecutive counts, and the reversal starts from which number;

2 Display start: indicates from which number to start displaying;

3 Backtracking root number: indicates how many candlesticks need to be backtested;

4 Bghsc: represents the color displayed at the beginning of the number above the candlestick;

5 Bghec: represents the color displayed at the end of the number above the candlestick; (gradually changes with the color above)

6 Bglsc: represents the color displayed at the beginning of the number below the candlestick;

7 Bglec: represents the color displayed at the end of the number below the candlestick; (gradually changes with the color above)

8 Font

9 Font size

10 Angle of rotation of the text



Method of Use

When using the Magic Nine Index for stock analysis, investors generally compare the current stock price to the Magic Nine sequence to determine if the price is at a significant high or low. If the current price is significantly lower than the first or second data point in the Magic Nine Index, it may be a buying opportunity. Conversely, if the price is significantly higher than the eighth or ninth data point, it may be a selling opportunity. The Magic Nine Index is a useful tool for investors but should be used as a supplemental method. It should not be relied upon as the sole method for making investment decisions.


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Indicadores
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Indicadores
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Indicadores
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4.57 (14)
Indicadores
Was: $299  Now: $99   Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings
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4.55 (159)
Indicadores
Este es un genial indicador para MT5 que ofrece señales precisas para entrar en una transacción sin redibujar. Se puede aplicar a cualquier activo financiero: fórex, criptomonedas, metales, acciones, índices. Nos dará valoraciones bastante precisas y nos dirá cuándo es mejor abrir y cerra una transacción. Eche un vistazo  al vídeo  (6:22), ¡contiene un ejemplo de procesamiento de una sola señal que ha amortizado el indicador! La mayoría de los tráders mejoran sus resultados comerciales durante l
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Indicadores
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Indicadores
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5 (3)
Indicadores
Currency Strength Meter is the easiest way to identify strong and weak currencies. This indicator shows the relative strength of 8 major currencies + Gold: AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD, XAU. Gold symbol can be changed to other symbols like XAG, XAU etc. By default the strength value is normalised to the range from 0 to 100 for RSI algorithm: The value above 60 means strong currency; The value below 40 means weak currency; This indicator needs the history data of all 28 major currenc
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Versión 2.20 2023.10.17
优化显示效果，修复切换周期时的自动刷新Bug
Versión 2.0 2023.09.30
升级全新的版本2.1 加粗9的显示，修改bug
Versión 1.10 2023.09.23
优化算法，增加文字自动缩放功能