• Overview
  • Reviews (5)
  • Comments (2)

Magic Candles FREE

Magic Candles FREE is a new unique product that allows identifying the current market phase (uptrend, downtrend or flat).

This indicator paints bars in different colors depending on the current state of the market and signals the user about trend changes with alerts.

Magic Candles FREE - is a demo version, which works only on the AUDUSD currency pair.

Unlimited version can be purchased here: https://www.mql5.com/en/market/product/25921

Magic Candles is another product of the Magic series: Magic Arrow, Magic Histogram.


Advantages

  • High accuracy of signals.
  • Suitable for scalping and intraday trading.
  • This indicator never repaints.
  • Simple indicator setup, minimum parameters.


How to use the product

When the last candle's color changes from gray to red, open a sell order (see screenshot #1).

When the candle color changes from gray to green, open a sell order.

When a gray bar appears, close the open orders, as the flat is expected.


Parameters

  • Zone BUY - color of buy candles (green by default).
  • Zone SELL - color of sell candles (red by default).
  • Neutral zone - color of flat (gray by default).
  • Body Width - candle body width when displayed on the chart.
  • Shadow Width - candle wick width when displayed on the chart.
  • Alert - enable/disable Alert. If true - enabled, false - disabled.
  • Email - enable/disable sending e-mails. If true - enabled, false - disabled.
  • Push - enable/disable sending messages to the mobile terminal. If true - enabled, false - disabled.


Developer

Evgeny Belyaev - professional programmer and successful trader.

Sergey Zhuravkov
1477
2017.12.08 19:58 
 

Good

Gennadiy Voltornist
12100
2017.11.19 18:20 
 

User didn't leave any comment to the rating

aliagibi
34
2017.11.04 17:52 
 

User didn't leave any comment to the rating

alfredca
24
2017.10.28 21:00 
 

The best indicator on this website

Pavel Nikishov
420
2017.10.24 18:03 
 

Попробовал поторговать на паре AUD/USD по технологии автора индикатора сегодня, показал небольшой плюс, но при подсчёте за последний месяц в среднем торговля по стратегии автора приносит в день около 250 пипсов убытка только на AUD/USD, не включая спреда. Будьте внимательнее в стратегии и не следуйте слепо стратегии автора. На истину не претендую, можете сами всё проверить.

Спасибо, с уважением к вашему труду