Market / MetaTrader 4 / Indicators /

Magic Lines MT4

30 USD

Demo downloaded: 15

Published: 19 July 2022

Current version: 1.1

Magic Lines MT4

Indicators
Nikolay Georgiev
Nikolay Georgiev
Bulgaria

3491
4.8 (52)
I am Nikolay Georgiev 33 years old now in 2020. I used to work for prop trading company as Head of IT and Algotrading. I am experienced coder with MQL4 MQL5, and I love solving problems. I am trading for myself and deliver EA's, indicators and strategies to interested 3rd parties.

7 products 6 topics 70 comments
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

30 USD

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

The Penta-O is a 6-point retracement harmonacci pattern which usually precedes big market movements. Penta-O patterns can expand and repaint quite a bit. To make things easier this indicator implements a twist: it waits for a donchian breakout in the right direction before signaling the trade. The end result is an otherwise repainting indicator with a very reliable trading signal. The donchian breakout period is entered as an input. [ Installation Guide | Update Guide | Troubleshooting | FAQ | A

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?).

Tipu Heikin-Ashi Panel is the modified version of the original Heiken Ashi indicator published by MetaQuotes here . A professional version of this indicator is available here . Features An easy to use Panel that shows the Heiken Ashi trend of selected timeframe. Customizable Buy/Sell alerts, push alerts, email alerts, or visual on-screen alerts. Customizable Panel. The panel can be moved to any place on the chart or minimized to allow more space. Heikin means "the average", and Ashi means "foot

The indicator displays signals according to the strategy of Bill Williams on the chart. Demo version of the indicator has the same features as the paid, except that it can work only on a demo account . Signal "First Wise Man" is formed when there is a divergent bar with angulation. Bullish divergent bar - with lower minimum and closing price in the upper half. Bearish divergent bar - higher maximum and the closing price at the bottom half. Angulation is formed when all three lines of Alligator

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

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The presented product is the author's implementation of the REI (Range Expansion Index) indicator developed by Thomas DeMark. REI Oscillator AM is an indicator that measures the rate of price change and signals overbought/oversold conditions if the price shows weakness or strength. The indicator value changes within the range from -100 to +100. Thomas DeMark suggests using the default period of 8 and the following algorithm for using the indicator: When the price rises above level 60 and then fa

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This indicator filters the Zigzag indicator to calculate the main support and resistance levels. Variables minimum gap between peaks : is the distance (GAP) between the peaks of the Zigzag peaks sensitivity : Minimum number of nearby peaks look back: it means that it has to test the last 50 peaks in the Zigzag object name perfix: a prefix for level’s line name on chart

This indicator identifies the most popular Harmonic Patterns which predict market reversal points. These harmonic patterns are price formations that are constantly repeating in the forex market and suggest possible future price movements / Free MT5 Version Dashboard Scanner for this indicator: ( Basic Harmonic Patterns Dashboard ) Comparison of "Basic Harmonic Pattern" vs. "Basic Harmonic Patterns Dashboard" Indicators Feature Basic Harmonic Pattern Basic Harmonic Patterns Dashboard Fu

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Advanced calculation made by pure price action to find LH and HL breakouts. It will give you a great reversal points in the market. LH and HL signals can used for the traingle breakouts as well. Once breakout happens its indicate strong reversal. Nice filter for Moving Averages. I highly suggest to use that with trend indicators. Can be used as an extra confirmation for support and resistance , supply demand indicators. The indicator is not repainting. Buffers : SetIndexBuffer ( 0 ,UpBar);

200 USD

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Description: This indicator draw ZigZag Line in multiple time frame also search for Harmonic patterns before completion of the pattern. Features: Five instances of ZigZag indicators can be configured to any desired timeframe and inputs. Draw Harmonic pattern before pattern completion. Display Fibonacci retracement ratios. Configurable Fibonacci retracement ratios. Draw AB=CD based on Fibonacci retracement you define. You can define margin of error allowed in Harmonic or Fibonacci calculations

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49 USD

Attention: beware of SCAMS, TRENDMAESTRO is only ditributed throught MQL5.com market place. note: this indicator is for METATRADER4, if you want the version for METATRADER5 this is the link: https://www.mql5.com/it/market/product/108106 TRENDMAESTRO ver 2.5 TRENDMAESTRO recognizes a new TREND from the start, he never makes mistakes. The certainty of identifying a new TREND is priceless. DESCRIPTION TRENDMAESTRO identifies a new TREND in the bud, this indicator examines the volatility, volumes a

988 USD

CRT Candle Range Theory HTF MT4. Ultimate CRT Indicator: Advanced ICT Concepts and Malaysian SnR Trading System Master the Market Maker's Footprints with the Most Advanced Candle Range Theory Indicator Unlock the true power of Smart Money Concepts (SMC) and trade precisely like the institutions with the Ultimate CRT Indicator . Built exclusively for serious traders, this indicator automates the highly effective Candle Range Theory (CRT) , a core pillar of ICT Concepts (Inner Circle Trader

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Identify ranges | Get earliest signals of Trends | Get clear exits before reversal | Spot the Fibo levels the price will test Non-repainting, non-delayed indicator - ideal for manual and automated trading - for all assets and all time units After purchase, please contact me for recommended and personalised settings Version MT4 - MT5 | Check our 3 steps MetaMethod to maximise your profits: 1. TrendDECODER 2. PowerZONES 3. BladeSCALPER What is it about? TrendDECODER is a c

69 USD

M1 Arrow is an indicator which is based on natural trading principles of the market which include volatility and volume analysis. The indicator can be used with any time frame and forex pair. One easy to use parameter in the indicator will allow you to adapt the signals to any forex pair and time frame you want to trade. Besides the main algorithm which is based on buy and sell signals, the indicator also has multiple built-in extra strategies which you can choose in the inputs. These strategies

95 USD

This product was updated for the 2026 market and optimized for the latest MT5 builds . PRICE UPDATE NOTICE: Smart Price Action Concepts is currently available for $200. The price will increase to $299 after the next 30 purchases. SPECIAL OFFER: After purchasing , send me a private message to claim FREE Bonus + Gift. First of all Its worth emphasizing here that this Trading Tool is Non Repainting , Non Redrawing and Non Lagging Indicator , Which makes it ideal for profes

99 USD

Effortless trading: non-repainting indicator for accurate price reversals This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides

125 USD

PRO Renko System is a highly accurate trading system specially designed for trading RENKO charts. The ARROWS and Trend Indicators DO NOT REPAINT! The system effectively neutralizes so called market noise giving you access to accurate reversal signals. The indicator is very easy to use and has only one parameter responsible for signal generation. You can easily adapt the tool to any trading instrument of your choice and the size of the renko bar. I am always ready to provide extra support to help

95 USD

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

55 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

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

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Magic Lines MT4

Nikolay Georgiev