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Magic Lines MT4

30 USD

Demo downloaded: 12

Published: 19 July 2022

Current version: 1.1

Magic Lines MT4

Indicators
Nikolay Georgiev
Version: 1.1
Updated: 20 July 2022
Activations: 5

Magic Lines MT4 is an indicator which can be categorized as trend, levels and channels type. It draws a colored line which is colored in green and red depending where last close is. The value at the current open bar should not be taken into account. This part of the indicator can give us a sense whether it is trending up or down or its going sideways. Magic Lines indicator also draws blue top and bottom levels which can be taken into account for breakouts and false breakouts. A sideway zone should contain of at least two up and down bands which are nearly equal and the we can enter either on the breakout or when the zone is tested. Nevertheless its a good tool to know where the market is going.

It is also a good idea to check at lest 3 near timeframes like D1 H4 H1 to confirm the whole picture. As well you can also try M1 and M5 to get best price for entry which need experience and is not recommended for beginner traders. LOW TIMEFRAMES ARE NOT RECOMENDED IF YOU DON'T HAVE A GOOD SENSE OF RISK MANAGMENT AND SCALPING.

The code and logic behind is really simple and yet so powerful to identify the next trend movement. It draws levels that can be used for breakout entries but also that will matter further in time as supply and demand zones.

The input options give only one thing to choose - 'Calculate last X Bars' - this option doesn't affect the indicator calculation and it only limits it for how much bars back it will calculate. This is mostly used to increase performance and speed of calculations. IT IS NOT AFFECTING THE FORMULA AT ALL.

As any trend indicator this one as well is more objective on higher timeframes like Daily and H4 but it can still be used in lower ones like H1 and below.

It basically consists of a trend line which is really sensitive to change in directions and way more accurate than any combination of moving averages.

The indicator formula does not use any external built in indicator but it get information from the price action only, which makes it truly different.

The green-yellow-red line shows the trend direction. When price is above it means there is more potential for upward movement and vice versa.

The blue levels gives an insight for possible consolidation areas which after broken might be a start of a new long lived trend.

Be careful and do not instantly reverse trades after a long lasting trend and wait to see the next move.

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The indicator detects and displays М. Gartley's Butterfly pattern. The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by the pop-up window, a mobile notification and an email. The pattern and wave parameters are displayed on the screenshots. The default parameters are used for demonstration purposes only in order to increase the amount of detected patterns. Parameters z

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The indicator detects and displays Shark harmonic pattern (see the screenshot). The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by a pop-up window, a mobile notification and an email. The indicator highlights the process of the pattern formation and not just the complete pattern. In the former case, it is displayed in the contour triangles. After the pattern is comple

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Free automatic Fibonacci is an indicator that automatically plots a Fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The Fibonacci is automatically updated in real time as new highest and lowest values appears amongst the selected bars. You can select which level values to be displayed in the indicator settings. You can also select the color of the levels thus enabling the trader to be able to attach the indicator several times with differe

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This indicators automatically draws the support and resistances levels (key levels) for you once you've dropped it on a chart. It reduces the hustle of drawing and redrawing these levels every time you analyse prices on a chart. With it, all you have to do is drop it on a chart, adjust the settings to your liking and let the indicator do the rest. But wait, it gets better; the indicator is absolutely free! For more information: https://youtu.be/rTxbPOBu3nY For more free stuff visit: https:

Индикатор строит блоки заказов (БЗ) по торговой системе (ТС) Романа. Поиск блоков осуществляется одновременно на двух таймфремах: текущем и старшем (определяемым в настройках). Для оптимизации и игнорирования устаревших блоков в настройках задается ограничение количества дней в пределах которых осуществляется поиск блоков. Блоки строятся по правилам ТС состоящем из трех шагов: какую свечу вынесли (что?); какой свечой вынесли (чем?); правило отрисовки (как?).

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The indicator detects and displays 3 Drives harmonic pattern (see the screenshot). The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by a pop-up window, a mobile notification and an email. The indicator highlights the process of the pattern formation and not just the complete pattern. In the former case, it is displayed in the contour triangles. After the pattern is com

30 USD

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50 USD

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The indicator has combined 5 popular strategies. Draws an arrow after confirming a signal for the selected strategy. There are signal alerts. Doesn't redraw its values. I recommend watching my advisor - Night Zen EA 5 strategies. The main line crosses the signal line. The main line crosses the signal line in the oversold (for buy) / overbought (for sell) zones. The main line enters the oversold (for sell) / overbought (for buy) zones . The main line comes out of the oversold (for buy ) / over

Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T

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99 USD

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65 USD

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Special offer : ALL TOOLS , just $35 each! New tools will be $30 for the first week or the first 3 purchases ! Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me Volumatic Support/Resistance Levels Scanner is a support‑and‑resistance indicator that adds volume context to price structure. By showing how trading activity clusters around recent pivots, it helps users see where buying or selling interest has been most active. See more MT5 version at:

35 USD

Top indicator for MT4 providing accurate signals to enter a trade without repainting! Watch the video (6:22) with an example of processing only one signal that paid off the indicator! It can be applied to any financial assets: forex, cryptocurrencies, metals, stocks, indices. MT5 version is here It will provide pretty accurate trading signals and tell you when it's best to open a trade and close it. Most traders improve their trading results during the first trading week with the help of t

149 USD

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129 USD

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Binary Trader Master is an arrow based indicator that predicts the close of the candle. It does its analysis within one candle only. When the candle opens it requires a few moments to make the analysis and predict the close of the candle. Then it generates a signal. The indicator also allows you to apply time limits that it can use for the analysis which means that you can actually tell the indicator how much time it is allowed to have for the analysis within the candle. The indicator monitors s

45 USD

This EA is configured to trade after London market open and all defined time ranges. This is one of the most popular strategies that every serious trader should know well. The "London Breakout Trader" EA is a trully flexible system that will allow you nearly everything to get configured from hard SL TP Trailing SL with Trailing Step, Range size fileter, Auto Parameters based on range size and all you need to set it to work for you. This EA is even more you can configure trading days hours and ra

30 USD

Get the bars from higher time frame on your main chart. You can be trading on M15 and watch H1 and H4 bars at the same time. Use the advantages by watching a single chart and keep track of Japanese candlesticks patterns from a higher time frame. You can no scalp on M1 or M5 without loosing sights of how much is it left for the M30 or H1 candle to close and if it bullish or bearish.

30 USD

Update: Push to mobile notification is now added as optinal in the settings. Most traders fail to generate profit because of the lack of so-called filters and scanners. If you want to win at trading you need a solid system and also a filtering tool for some or all of your entry criteria. It is impossible to follow 24 currency pairs, all the indices, stocks and commodities without a filtering tool. Imagine you can get an email any time CCI crosses bellow 100 and 0 when the price is bellow MA5 an

100 USD

Moving Average Change Do you wonder where to take profits? Have you ever searched a simple strategy to execute trades? The Moving Average Change indicator is a perfect product for you. The indicator is perfect for finding divergence on charts. It works perfectly on any timeframe but keeps in mind m1 to m15 will be short-lived signals. You can still use it to scalp forex indices and commodities. The indicator also has an option for backstep where you can check the change in MA value between not

100 USD

This is a stable EURUSD strategy, that can deliver solid results. Low drawdown compared to profit. Parameters are already set to deliver profits, no need to change anything (only Lots volume) just set on chart and leave it print some money. All positions has StopLoss and TakeProfit and no Martingale, Grid or Averaging is used. Account size 500$ => Lots = 0.05 Account size 1000$ => Lots = 0.10 Account size 5000$ => Lots = 0.50 Works ok on M5, M15, M30, H1 and H4.

30 USD

Time Range Pivot Points is an indicator that will plot Pivot Point + Support and Resistance levels on the chart, but it will calculate the formula based on a specific time range, that can be defined in the settings. If you want to successfully trade the European and US sessions it will be smart to check all levels generated by the Asian session time range. This indicator will allow you to do that. Everything is designed to get you an advantage of the potential support and resistance levels for t

30 USD

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