Magnet Price

5

Magnetic Price Finder indicator, the average price to which the price tends to return.

Optimized for XAUUSD H1. It has 3 lines, the central one being the price to focus on.

Based on historical data, the success rate of returning to the average price was over 92% with default settings; in other cases, the stop loss, which is set by default, was triggered.

The entry point and entry time are approximately at the beginning of the day, and for convenience, the first candle of the new day is marked with an arrow depending on whether the candle opened below or above the magnetic line.

The indicator is suitable for trading strategies with single intraday entries, where the emphasis is on mean reversion, as well as for grid strategies.

Available settings:

  • Candles: number of candles for fine-tuning. I recommend using values 12-24-48 or leaving it at default.

  • ATR settings are needed for fine-tuning the stop loss for your strategy.

  • ShowLabels: display marker text to the right of the lines.

  • LabelOffsetBars: text indent.

  • ArrowOffset_Multiplier: arrow indent.


Reviews 1
trick 86
763
trick 86 2026.02.07 00:40 
 

good

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The indicator of a Professional Trader is an arrow indicator for predicting the direction of price movement. I have been working on this indicator since 2014. You can use this indicator as your main indicator, use its entry signals, and use it as your only indicator to find entry points. About the product: Recommended TF [H4-D1-W1]   . The indicator predicts the direction of the next candle. Fits a variety of tools; Flexibility in settings for different instruments and intervals through the MO
Greetings friends, it's been a long time since I had new products that I could confidently offer to you, and now that time has come. This is my new product based on my first indicator, an improved version with no unnecessary settings, optimized for Gold. I was often asked to create something convenient for trading, but I couldn't succeed; it's not easy, as testing and debugging take a lot of time. Like its predecessor, this indicator has its own nuances, but the main goal during optimization was
Greetings friends, this is the updated version for the MT5 terminal. This is my new product based on my first indicator, an enhanced version with streamlined settings, optimized specifically for Gold. The indicator supports sending notifications. Usage Recommendations: Instrument   - XAUUSD (primary, optimized for this asset) Instrument   - XAUEUR (secondary; it was not optimized for this asset, but I am pleased with the results) Timeframe   - H4. Attach the indicator to your chart and leave it
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trick 86
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trick 86 2026.02.07 00:40 
 

good

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