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Strong Trends With Magic Entries 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: Strong Trends With Magic Entries Indicator

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

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

The rules for a short trade are:

  1. The thick blue and thick orange lines are strong below the price (strong downward trend indicated, more about the strength later)
  2. 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)
  3. 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.
  4. The entry signal is the move below the lower line of the 2 thinner orange-red lines.

The rules for a long trade are:

  1. The thick blue and thick orange lines are strong above the price (strong upward trend indicated)
  2. 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)
  3. 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.
  4. 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!
Reviews 13
LDC1978
154
LDC1978 2021.04.14 13:12 
 

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

redneedle
271
redneedle 2021.03.14 13:28 
 

appraciated for the excelent work and useful trending tool!

Valentin Butorin
3866
Valentin Butorin 2020.10.03 14:10 
 

Nice job. Thanks

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This is a trend indicator with some filters. If you use this tool as it is written in the recommendation, then the accuracy of open transactions will be 70% or more. Trading recommendations 1 It is worth opening a deal while receiving a signal (The blue dot indicates that it is possible to open an order for Buy. The red dot indicates that it is possible to open an order for Sell) 2 Set Take Profit at 40 pips or 4 points 3 Stoploss is not installed in its place, we exit on the opposite signal if
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Bermaui Channel
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Muhammad Elbermawi
This is a price channel that shows five important price levels on the chart. Those levels are: The Highest High (HH) of the previous x bars. The Highest Low (HL) of the previous x bars. The Center Line . The Lowest High (LH) of the previous x bars. The Lowest Low (LL) of the previous x bars. Try Bermaui Channel Demo version: https://www.mql5.com/en/market/product/47663 How to use the buffers to build your own expert advisor: https://www.mql5.com/en/blogs/post/734560 How does Bermaui Chan
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Best And Worst Dashboard
Best And Worst Dashboard
Chantal Sala
Best and worst Dashboard was born from the idea to have a panel that includes all the symbols in a chart. It is very importance to understand which symbols are both positive and negative. In the past, we realized the single indicator Best and Worst ( https://www.mql5.com/en/market/product/11784 ), now thanks to the upgrading of the Metatrader the dashboard displays all the instruments simultaneously. A great revolution. This Dashboard is able to calculate performance at any time frame and clicki
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TIL Timeframe Overlay
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Viktor Macariola
The TIL Timeframe Overlay indicator is the perfect tool for multiple timeframe analysis . It does the simple yet powerful task of overlaying a candlestick chart of a different timeframe over another allowing you to see the BIGGER picture and see the underlying TREND amid the noise and volatile price action. Please see the screenshots below for examples. Features: It works in ALL timeframe. It works in ANY instrument/symbol. Displays ENTIRE candlesticks (body and wick) of other timeframes includi
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Advanced Currency IMPULSE with ALERT
Advanced Currency IMPULSE with ALERT
Bernhard Schweigert
CURRENTLY 39% OFF !!   Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a secret formula. With only ONE chart it gives Alerts for all 28 currency pairs . Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity! Built on new underlying algorithms it makes it even easier to identify an
78 USD
True Direction Oscillator
True Direction Oscillator
Muhammad Elbermawi
Or (TDO)    which is an index that measures the price rate of change using the principle of " Pure Momentum ". When a security price advances from 10 to 15 then the price rate of change is 150% but when it declines back from 15 to 10 then price rate of change is 33.3% only. That is why technical analysis indicators like "Price Rate of Change" (ROC) or "Momentum" gives higher readings for ascending price movements than that given to descending ones. TDO fixes this problem to help traders at
60 USD
Bruces Price Predictor Dashboard
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Bruce Webb
This is a Dashboard Indicator based on Bruce's Price Predictor Indicator . This Dashboard will Give you a visual to see the trend direction without having to flip through timeframes, so you can always be trading in direction of the trend, with little effort.  I Recommend   www.CoinexxBroker.com  as a great broker and the one I personally use *Non-Repainting Dashboard Arrows *For Desktop MT4 Only *Great For Scalping *Great For Swing Trading *Dashboard Arrow Entry Alerts *Dashboard Arrow Signals
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FX Trend
FX Trend
Daniel Stein
️️️️️ You want to become a constantly profitable 5-star forex trader? ️️️️️ 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat FX Trend displays the trend direction, duration, intensity and the resulting trend rating for all time frames in real time. You'll see at a glance at which direction the trends are running, how long
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TPA True Price Action MT4 Indicator
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InvestSoft
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. The first part of the TPA manual "The Basics" is now available (free to g
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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
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LDC1978
154
LDC1978 2021.04.14 13:12 
 

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

adnanadnan
679
adnanadnan 2021.04.11 14:36 
 

will rate later

Zeenat G
68
Zeenat G 2021.04.05 01:34 
 

to many lines difficult to understand

redneedle
271
redneedle 2021.03.14 13:28 
 

appraciated for the excelent work and useful trending tool!

Valentin Butorin
3866
Valentin Butorin 2020.10.03 14:10 
 

Nice job. Thanks

Max Ragulan
327
Max Ragulan 2019.08.22 12:29 
 

Excellent 5STARS

Pierre Chatagny
356
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?

Shaheen Hassanali
17338
Shaheen Hassanali 2018.12.03 16:47 
 

Chris Braem
131
Chris Braem 2018.07.11 11:25 
 

Works like a charm

YNC C
58
YNC C 2018.07.11 03:38 
 

nice system! recommended!

Tim Eubanks
5557
Tim Eubanks 2018.07.10 18:47 
 

Too much screen spaghetti...

brown123
64
brown123 2018.07.10 12:58 
 

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

Singgih Wasito Adhi
359
Singgih Wasito Adhi 2018.04.26 14:48 
 

usefull to me

Reply to review
Version 1.2 2019.03.23
Less candles are now used to calculate the blue and orange line. No need to download historic candles.