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Strong Trends With Magic Entries Free

FREE

Published: 28 March 2018

Current version: 1.2

Strong Trends With Magic Entries Free

4.73

Indicators
FXsolutions
Version: 1.2
Updated: 23 March 2019

With this system you can spot high-probability trades in direction of strong trends. You can profit from stop hunt moves initiated by the smart money!

Important Information

How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718109

Please read also the blog about the usage of the indicator: Professional Trading With Strong Momentum

This FREE Version of the indicator works only on EURUSD and GBPUSD. The full version of the indicator can be found here: Strong Trends With Magic Entries Indicator

With this system you have 3 reliable edges on your side:

A strong trend (=high probability of continuation)
A deep pullback (=the price should not be there within a strong trend! Is it a stop hunt?)
A strong rejection of the pullback (=It was most probably only a stop hunt. Let's enter!)

The rules for a short trade are:

The thick blue and thick orange lines are strong below the price (strong downward trend indicated, more about the strength later)
At the same time there must be 2 thinner orange-red lines (they look like stairs) above the price (this confirms the price action within the trend)
The price then have to jump above the 2 thinner orange-red lines (or at least between them) and then must be rejected below the two thinner lines again. This forms a peak (an inverted V). The peak should consist of maximum 4 candles.
The entry signal is the move below the lower line of the 2 thinner orange-red lines.

The rules for a long trade are:

The thick blue and thick orange lines are strong above the price (strong upward trend indicated)
At the same time there must be 2 thinner green lines (they look like stairs) below the price (this confirms the price action within the trend)
The price then have to jump below the 2 thinner green lines (or at least between them) and then must be rejected above the two thinner lines again. This forms a peak (a V). The peak should consist of maximum 3-4 candles.
The entry signal is the move above the upper line of the 2 thinner green lines.

Additional Edges:

You will have an additional edge if you only trade the FIRST signal within a trend! The third screenshot shows what I mean with FIRST signal.
You will a further additional edge if you trade only the signal in direction of an edge of the bigger timeframe. Screenshots 4, 5, 6 and 7 show what

Parameters

candlesCalculated: the number of candles for which the orange and blue lines are calculated. A lower value uses less computer ressources
distanceInnerLine: the distance between the lines which looks like stairs expressed in multiples of the ATR-indicator
showBand: True = Yes, False = No - if true, then the black band is shown. The band is normally not needed. During backtesting it can be usefull.
xxx: is used for internal calculation. Must be 0. Don't touch/change this value!
yyy: is used for internal calculation. Must be 0. Don't touch/change this value!
zzz: is used for internal calculation. Must be 0. Don't touch/change this value!

more...

Bikerfrank 2021.12.26 22:51 #

Exzellenter Indikator. Der beste, den ich probiert habe. Vielen Dank

1661

Chua Wee Kiat 2021.12.19 06:35 #

It's really useful...!

244

LDC1978 2021.04.14 13:12 #

this is so good... very useful and timely accurate...

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This indicator scans for you up to 15 trading instruments and up to 21 time frames for occurrences of the high probability reversal patterns: Double Tops/Bottoms with fake breakouts . What this indicator detects: This indicator detects a special form of Double Tops and Bottoms, so called Double Tops/Bottoms with fake breakouts . For double tops with fake breakouts the highest price of the right shoulder must be higher than the left shoulder. For double bottoms with fake breakouts the lowest pric

119 USD

This is an implementation of the well known SuperTrend Indicator. With this indicator you can see exactly the same values which will be alerted by the following SuperTrend Scanners: SuperTrend Scanner SuperTrend Scanner FREE Parameters SuperTrendATRPeriod: the period setting for the calculation of the SuperTrend SuperTrendMultiplier: the multiplier setting for the calculation of the SuperTrend

FREE

This indicator is designed to detect high probability reversal patterns: Double Tops/Bottoms with fake breakouts . This is the FREE version of the indicator: https://www.mql5.com/en/market/product/29957 The free version works only on EURUSD and GBPUSD! Double top and bottom patterns are chart patterns that occur when the trading instrument moves in a similar pattern to the letter "W" (double bottom) or "M" (double top). The patterns usually occur at the end of a trend and are used to signal tren

FREE

This indicator scans for you up to 30 trading instruments and up to 8 timeframes for occurrences of the high probability reversal patterns: Double Tops/Bottoms with fake breakouts . Please read also the blog post " Professional Trading With Double Tops/Bottoms And Divergences! " which explains the concepts behind the ULTIMATE Double Top/Bottom indicator and how you can use a professional top-down approach. You can get alerts via MetaTrader 4, email and push notifications at the moment when a sig

119 USD

FREE

This indicator draws regular bullish and bearish divergences in real-time onto the charts. The algorithm to detect those divergences is based on my 10+ years experience of detecting divergences visually. The divergences are drawn as green and red rectangles on the charts. You can even do forward testing in the visual mode of the strategy tester. This FREE Version is restricted to EURUSD and GBPUSD. The full version without restrictions is here: https://www.mql5.com/en/market/product/42758 Par

FREE

This scanner shows the trend values of the well known indicator SuperTrend for up to 30 instruments and 8 time frames. You can get alerts via MT4, Email and Push-Notification as soon as the direction of the trend changes. Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074 You have many possibilities to use the scanner. Here are two examples: With this scanner you can trade a top-down approach easily. If two higher time

59 USD

FREE

With this system you can spot high-probability trades in direction of strong trends. You can profit from stop hunt moves initiated by the smart money! Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718109 Please read also the blog about the usage of the indicator: Professional Trading With Strong Momentum This FREE Version of the indicator works only on EURUSD and GBPUSD. The full version of the indicator can be found here:

FREE

This scanner shows the trend values of the well known indicator SuperTrend for up to 30 instruments and 8 time frames. You can get alerts via MT4, Email and Push-Notification as soon as the direction of the trend changes. This is the FREE version of the indicator: SuperTrend Scanner The free version works only on EURUSD and GBPUSD! Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074 With the following FREE indicator you

FREE

This indicator is designed to detect the best divergences between price/MACD and price/RSI. MACD and RSI produce by far the best divergence signals therefore this indicator focus on those two divergences. This indicator scans for you up to 30 instruments and up to 8 timeframes for bullish and bearish divergences. You need to add the indicator only to one single chart ! The indicator will then automatically scan all configured instruments and timeframes. Important Information How you can maximi

89 USD

This indicator scans for you up to 30 trading instruments and up to 8 timeframes for occurrences of the high probability reversal patterns: Double Tops/Bottoms with fake breakouts . Please read also the blog post " Professional Trading With Double Tops/Bottoms And Divergences! " which explains the concepts behind the ULTIMATE Double Top/Bottom indicator and how you can use a professional top-down approach. This FREE Version of the Scanner scans only EURUSD and GBPUSD. The full version of the sca

FREE

This indicator is designed to detect the best of all candlestick reversal patterns: Three Line Strike . According to the bestselling author and candlestick guru Thomas Bullkowski, this pattern has a winning percentage between 65% and 84% . This FREE Version of the Scanner scans only EURUSD and GBPUSD. The full version of the scanner can be found here: Three Line Strike Scanner 30 Instruments This indicator scans for you up to 30 instruments (forex, indices or commodities) on up to 8 timeframes.

FREE

This scanner shows the trend values of the well known indicator SuperTrend for up to 15 instruments and 21 time frames. You can get alerts via MT5, Email and Push-Notification as soon as the direction of the trend changes. Important Information You have many possibilities to use the scanner. Here are two examples: With this scanner you can trade a top-down approach easily. If two higher time frames e.g. W1 and D1 are already showing green values (upward trend) but the H12 time frame shows a re

FREE

With the MACD Multi Time Frame indicator, you can spot divergences of higher timeframes while you are searching for pinpointed entries on lower timeframes. This FREE version of the indicator works only on EURUSD and GBPUSD. The full version of the indicator can be found here: MACD Multi Time Frame MT5 This blog post gives you real-time MACD Divergence Analysis for free and tips how to trade the divergences: Real-Time MACD Divergence Analysis The MACD Multi Time Frame gives you a very good overvi

FREE

This indicator is designed to detect the best divergences between price/MACD and price/RSI. MACD and RSI produce by far the best divergence signals therefore this indicator focus on those two divergences. This is the FREE version of the indicator: https://www.mql5.com/en/market/product/28375 Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074 The free version works only on EURUSD and GBPUSD! This indicator scans for you

FREE

This scanner shows the trend values based on crossovers of two moving averages for up to 30 instruments and 8 time frames. You can get alerts via MT4, Email and Push-Notification as soon as the direction of the trend changes. This is the FREE version of the indicator: https://www.mql5.com/en/market/product/29159 Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074 You have many possibilities to use the scanner. Here are

FREE

With the MACD Multi Time Frame indicator, you can spot divergences of higher timeframes while you are searching for pinpointed entries on lower timeframes. This FREE version of the indicator works only on EURUSD and GBPUSD. The full version of the indicator can be found here: MACD Multi Time Frame This blog post gives you REAL-TIME MACD Divergence Analysis for FREE and tips how to trade the divergences: REAL-TIME MACD Divergence Analysis The MACD Multi Time Frame gives you a very good overview o

FREE

With this Expert Advisor you will follow the sound trading principle Buy Low and Sell High by default ! And you can do that even with a normal day job . You will be even able to trade on lower timeframes which you could never do without such an Expert Advisor. And the best thing is that you are in control! You can tell the Edge Zone EA where it has to enter and where it has to exit. And you can do that even many hours before the trade will occur . This EA is therefore an excellent assistant for

FREE

This scanner shows the trend values of the well known indicator Parabolic SAR for up to 30 instruments and 8 time frames. You can get alerts via MT4, Email and Push-Notification as soon as the direction of the trend changes. This is the FREE version of the indicator: Advanced Parabolic SAR Scanner The free version works only on EURUSD and GBPUSD! Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074 You have many possibil

FREE

This indicator is designed to detect the best of all candlestick reversal patterns: Three Line Strike . According to the bestselling author and candlestick guru Thomas Bullkowski, this pattern has a winning percentage between 65% and 84% . This indicator scans for you up to 30 instruments (forex, indices or commodities) on up to 8 timeframes. You can get alerts via MetaTrader 4 and email if a Three Line Strike pattern occurs. Please note: Higher timeframes bring the most reliable signals. This i

49 USD

With the MACD Multi Time Frame indicator you can spot divergences of higher timeframes while you are searching for pinpointed entries on lower timeframes. This blog post gives you real-time MACD Divergence Analysis for free and tips how to trade the divergences: Real-Time MACD Divergence Analysis The MACD Multi Time Frame gives you an very good overview of what is happening on higher timeframes without the need of switching to the higher timeframe. You will e.g. always see the MACD value of the

30 USD

This scanner shows the trend values based on crossovers of two moving averages for up to 30 instruments and 8 time frames. You can get alerts via MT4, Email and Push-Notification as soon as the direction of the trend changes. Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074 You have many possibilities to use the scanner. Here are two examples: With this scanner you can trade a top-down approach easily. If two higher

59 USD

This scanner shows the trend values of the well known indicator Parabolic SAR for up to 30 instruments and 8 time frames. You can get alerts via MT4, Email and Push-Notification as soon as the direction of the trend changes. Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074 You have many possibilities to use the scanner. Here are two examples: With this scanner you can trade a top-down approach easily. If two higher t

59 USD

This indicator shows the latest untouched support and resistance as horizontal lines. The indicator can show support/resistance from higher timeframes. With this indicator you can e.g. easily see the support/resistance of the timeframes H4, D1 and W1 on a H1 chart, which can be a big advantage while time your entry on H1. This is the FULL version of the indicator: Support Resistance Multi Time Frame FREE Parameters referenceTF: the timeframe from which the support/resistance is calculated cand

69 USD

Filter:

Bikerfrank 2021.12.26 22:51 #

Exzellenter Indikator. Der beste, den ich probiert habe. Vielen Dank

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Reply from developer Mike Semlitsch 2021.12.28 13:49 #

Tausend Dank :)

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Chua Wee Kiat 2021.12.19 06:35 #

It's really useful...!

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Reply from developer Mike Semlitsch 2021.12.19 11:38 #

Thousand thanks :)

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mmorgan 2021.07.24 20:46 #

Really nice indicator, only had it for a couple of days but looking very good. I have other indicators made by Mike and they are all great quality.

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Reply from developer Mike Semlitsch 2021.12.19 11:38 #

Thousand thanks :)

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topline8000 2021.05.05 02:49 #

doesn't recognize my pair (usdjpy i)

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LDC1978 2021.04.14 13:12 #

this is so good... very useful and timely accurate...

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adnanadnan 2021.04.11 14:36 #

will rate later

Zeenat G 2021.04.05 01:34 #

to many lines difficult to understand

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redneedle 2021.03.14 13:28 #

appraciated for the excelent work and useful trending tool!

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Valentin Butorin 2020.10.03 14:10 #

Nice job. Thanks

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Raj Max 2019.08.22 12:29 #

Excellent 5STARS

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Pierre Chatagny 2019.07.17 11:51 #

The indicator doesn't work on my MT4. I can add it on my chart but nothing happen. Someone to help?

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Shaheen Hassanali 2018.12.03 16:47 #

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Chris Braem 2018.07.11 11:25 #

Works like a charm

YNC C 2018.07.11 03:38 #

nice system! recommended!

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Tim Eubanks 2018.07.10 18:47 #

Too much screen spaghetti...

brown123 2018.07.10 12:59 #

i use these system along with the alerter found on the website changed my trading career and views on forex the best system hands down

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Singgih Wasito Adhi 2018.04.26 14:48 #

usefull to me

Version 1.2 2019.03.23

Less candles are now used to calculate the blue and orange line. No need to download historic candles.