• Overview
  • Reviews (1)
  • Comments (30)

Magic Arrow

The Magic Arrow sorts out low-probability signals in a trading strategy. The indicator uses a sophisticated filtration algorithm based on the market sentiment and trend. The indicator displays arrows on a chart (see attached screenshots) indicating a likely price reversal.

Magic Arrow is not repainted. Once the candle is closed, a signal is confirmed and will never disappear from a chart.

You can setup alerts when new arrows are displayed on a chart.

The indicator is not designed for scalping. It is best to be used on higher timeframes: M30, H1, H4 and D1.


Advantages

  • Generates minimum false signals.
  • Suitable for beginners and experienced traders.
  • Simple and easy indicator configuration.
  • Works on all timeframes.
  • Works on any financial instrument.
  • No repainting.
  • Sending signals to email and mobile devices.


Recommended symbols

USDJPY, USDCAD, USDCHF, CADCHF and AUDNZD.


Usage tips

Buy signal: the indicator arrow points upwards.

Sell signal: the indicator arrow points downwards.

The product has proven to be efficient in conjunction with the Exclusive Stairs and EW oscillator indicators.


Parameters

  • Period - indicator calculation period (main parameter).
  • Alert - enable/disable alerts.
  • Email - enable/disable emails.
  • Push - enable/disable sending messages to mobile phones.


Developer

Evgeny Belyaev - professional programmer and successful trader.

migel.souza
21
2017.06.10 17:41 
 

good product,thinks.