Market / MetaTrader 5 / Indicators /

Magic Trend

FREE

Published: 1 December 2022

Current version: 1.0

Magic Trend

Name: Magic Trend
Rating: 3.6666667 (3 reviews)
Author: Arnold Kurapa

3.67

Indicators
Arnold Kurapa
Arnold Kurapa
Trader and Computer Programmer at MenoraFx

Zimbabwe

4122
4 (5)
Arnold Kurapa is a Zimbabwean forex trader and computer programmer. Started his trading career in 2019. He is the founder of MenoraFx Trading group. He was introduced to computer programming as an elective course at Cyprus International University in Turkish Republic of Northern Cyprus (TRNC). His

3 products
Version: 1.0

Magic Trend

This MT5 indicator is a Moving Average with 3 signal colors. The 3 input parameters on this Indicator give you a chance to set any Moving Average of choice.

A combination of 2 different exponential moving averages, relative strength index, commodity channel index, and William's percent range provide the signals.

White color = Null/No/Exit Signal

Green color = Buy Signal

Red color = Sell Signal

Point To Note: Confirm the color change only after the current candle closes to avoid false signals.

Point To Note: Using lower timeframes causes a lot of price fluctuations.

Point To Note: This indicator works across all markets and on any timeframe.

Recommended Timeframes: 1 hour (for directional bias), 5 mins (scalping entry and exit confirmations)

Recommended Symbols: Nas100, US500, US30, Gold, BTCUSD, and all GBP Currency pairs.

more...

IMSMARINHO 2023.06.20 04:14 #

fazendo teste e gostando muito teria como Arnold Kurapa, você colocar uma alerta assim que mudar de cor ?

254

fenix trading 2023.01.01 19:31 #

Me gusta mucho gracias

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FREE

Filter:

IMSMARINHO 2023.06.20 04:14 #

fazendo teste e gostando muito teria como Arnold Kurapa, você colocar uma alerta assim que mudar de cor ?

4122

Reply from developer Arnold Kurapa 2023.06.21 22:49 #

Obrigado pela revisão. Infelizmente, este ainda não possui alertas. No entanto, confira meu outro indicador no link que enviei para sua caixa de entrada. Este indicador é uma atualização deste e possui alertas. https://www.mql5.com/en/market/product/91511?source=External

385

7Biblo7Induc7 2023.04.17 15:03 #

Very good indicator!

4122

Reply from developer Arnold Kurapa 2023.04.17 17:17 #

Thank you for the review.

254

fenix trading 2023.01.01 19:31 #

Me gusta mucho gracias

4122

Reply from developer Arnold Kurapa 2023.01.01 23:47 #

de nada