Indicators: TrendMagic

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TrendMagic:

The Trend Magic indicator.  It uses the Commodity Channel Index (period=50) and Average True Range (period=5) indicators for the calculations.

TrendMagic indicator

Author: Сергей

 

Hi Sergey,

I´ve testing TrendMAgic and it looks very nice. Is a good tool for integrate it in a Expert Advisor.

 

Best regards ;-) 

 
Hello! Would it be difficult to make a multitimeframe MTF? So that on one chart you can set an indicator from another TF.
 
Mischanik:
Hello! Would it be difficult to make a multitimeframe MTF? Well, so that on one chart you can install an indicator from another TF.
It's quite complicated. as there are problems with data synchronisation.
 
sergey1294:
This is quite a tricky point. as there are problems with data synchronisation
That's too bad.
 
Just downloaded and installed the indicator, looks very clever. Simple but effective. I wouldn't mind adding to an EA to see if its any good in a forward test. 
 
Mischanik:
Hello! Would it be difficult to make a multitimeframe MTF? Well, so that on one chart you can install an indicator from another TF.

You can install several indicators

doubling the timeframe period is often enough to halve the indicator parameters, and vice versa, but as a rule you need to know what each parameter is responsible for.

This method is suitable for CCI, I do not use ATR, but I suspect that it is an indicator derived from MA, so it may be suitable too.

 
Although no, I just looked it up - it is calculated on bars, without using indicators, but the parameter should be changed in the same way as described above
 
Help please!!! Urgently need the source code of this advisor!!!! I will be very grateful!!!
 
for mt4
 

Hello Sir, I am trying to build an expert advisor around this wonderful indicator, but in the data window there is only 1 value, so it makes it difficult to make the advisor know that there has been a change in color.. I wonder if it was possible to add a property to the output on the data window that would denote a change in color of the trend magic indicator?

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