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Strong Trends With Magic Entries

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.


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!
    Comentarios 20
    Fann29
    79
    Fann29 2020.09.09 08:31 
     

    This is the best indicator for the pullback I've ever seen 👍

    Tae Youn
    1483
    Tae Youn 2020.03.26 20:43 
     

    Awesome Product!

    Max
    709
    Max 2020.03.26 08:07 
     

    I've been using this indicator for a few weeks now and it give perfect entries, time after time. Once a trade is owned the lines can even give excellent stoploss in case of no tp. Utilised in conjunction with my own analysis and a few other indicators, it is essentially helpful and clears the view for prudent decision making. I use it on 30M chart mostly and one can see the broader trend entries, I try to get the first entry in the new 30M trend. I also zoom in to the 5M charts and use it there, which cab be nicely profitable.

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    WindFlow is a powerful solution for manual traders that will drive your trading decisions in no time. I designed this indicator taking into account three main concepts: momentum, break of recent trend and volatility. Just like the wind's flow any trend can have small correction or major change in its direction based on the main trend's strength, so at glance you can have a very good idea on the next "wind's direction" when you look at your charts. How to properly use WindFlow? WindFlow is the
    179 USD
    Key Levels of Support and Resistance
    Pavel Verveyko
    The indicator displays the key support and resistance levels on the chart. The significance of these levels lies in that the price may reverse or strengthen the movement when passing such levels, since they are formed as a consequence of the natural reaction of market participants to the price movement, depending on which positions they occupied or did not have time to occupy. The psychology of the level occurrence: there always those who bought, sold, hesitated to enter or exited early. If the
    210 USD
    FutureForecastMt4
    Andrey Spiridonov
    FutureForecast is one of the few indicators looking into the future, or rather calculating the current candle's High and Low price values. Advantages of the indicator no repainting works on any timeframes works with any trading instruments perfectly suitable for scalping and trading binary options Parameters alert - enable/disable alerts about signals. Enabled by default. Parameters (Colors) FutureHigh - estimated High price line color. FutureLow - estimated Low price line color. Recomme
    99 USD
    MarketMeter
    Stanislav Korotky
    This is an easy to use indicator based on multitimeframe cluster analysis of specified currencies. It provides simple yet powerful signals for trading and gives numerical measures of signal strength in percentage value. After placing the indicator on a chart, it displays a table with the following structure: all symbols with currently available opportunities to trade are listed in rows, and trading strategies are listed in columns as short-term (hours), mid-term (days), and long-term (weeks) tra
    149 USD
    Level Pattern of Support and Resistance
    Boris Mayorov
    This indicator allows to enter the market with optimal prices: from local Highs (resistance) and from local Lows (support). The indicator finds flat level patterns searching the bar which has formed the level and bars which have confirmed the level. In other words, the indicator finds a price level consisting of several candles having highs and lows on one line. Such levels represent natural levels of support and resistance formed after a major participant has entered the market and placed a lar
    90 USD
    Beast Super Signal
    Dustin Vlok
    The Beast Super Signal is a simple, and easy to use trend based indicator. It will continuously monitor current price action looking for new trends developing or strong reversals building at extreme price levels, and trends that have reached strong exhaustion levels. The Beast Super Signal indicator will monitor the current price, and only when all of the internal strategies align, and are in 100% agreement with each other, the indicator will paint a new buy or sell signal arrow on the chart. Al
    149 USD
    TrendfollowerSR
    Paul Reymkhe
                         B ULL B EAR I NNOVATION                ⚜️ Technology To Success ⚜️   Correct identification of the trends in stock investments are pivotal and TrendFollowerSR ensures this perspective while displaying the correct trend on multiply timeframes to help you go long way as much as possible. The latest technology of the Indicator enables to track whether if a certain trend has just begun ,
    110 USD
    Blahtech Market Profile
    Blahtech Limited
    Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Blahtech Limited presents their Market Profile indicator for the MetaTrader community. Inspired by Jim Dalton’s
    95 USD
    Currency Strength Exotics
    Bernhard Schweigert
    CURRENTLY 20% OFF !! ⭐⭐⭐⭐⭐  Best Solution for any Newbie or Expert Trader! This Indicator is specialized to show currency strength for any symbols like Exotic Pairs Commodities, Indexes or Futures . Is first of its kind, any symbol can be added to the 9th line to show TRUE CURRENCY STRENGTH of Gold, Silver, Oil, DAX, US30, MXN, TRY, CNH etc. This is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. Imagine how your
    128 USD
    Filtro:
    Fann29
    79
    Fann29 2020.09.09 08:31 
     

    This is the best indicator for the pullback I've ever seen 👍

    Tae Youn
    1483
    Tae Youn 2020.03.26 20:43 
     

    Awesome Product!

    Max
    709
    Max 2020.03.26 08:07 
     

    I've been using this indicator for a few weeks now and it give perfect entries, time after time. Once a trade is owned the lines can even give excellent stoploss in case of no tp. Utilised in conjunction with my own analysis and a few other indicators, it is essentially helpful and clears the view for prudent decision making. I use it on 30M chart mostly and one can see the broader trend entries, I try to get the first entry in the new 30M trend. I also zoom in to the 5M charts and use it there, which cab be nicely profitable.

    remcous
    539
    remcous 2019.11.30 11:54 
     

    Very happy with this fabulous indicator +++

    Zachary Lim
    35
    Zachary Lim 2019.10.04 17:45 
     

    Am honestly very happy with this tool. Purchased it a couple of days back and the entries it gives on the M5 timeframe are quite stunning. As long as one follows the correct rules (the 4 golden rules of using the STME indicator), the probabilities of finding a winning trade are surely increased!

    Vaithianathan Sreeram
    3041
    Vaithianathan Sreeram 2019.04.23 04:14 
     

    I purchased the indicator yesterday, it seemed good.. But, there is no alert.. so in any updation coming with alerts ? is it possible to give arrows when conditions met for buy or sell ?

    Good day my friend

    i have bought the strong trend indicator and i was coding it to make ea and i faced problem with the buffers of upper and lower bands

    i set my rules to close when price touch the upper band in case of buy and opposite in sell

    like the code below but it never respect the bands....also i printed all the buffer values and it all was fine except the bands values and it keep giving the max number 2147483647 for both upper and lower bands

    i would appreciate if you can help with that...the bands buffer as i think are 7 for upper and 9 for lower

    if(Exit_At_Bands)

    {

    if(Orderscnt(OP_SELL)>0&&Bid0&&Bid>=strong(7,0)){CloseDeleteOrders(OP_BUY);}

    }

    thanks

    Gerhard Waldner
    154
    Gerhard Waldner 2019.04.02 07:10 
     

    It is the first indicator which make sense in finding the best entry for an successful trade, whith a lot of pips.

    This indicator shows so easy the peak / overbought trade, which is the condition for a high win rate.

    After searching and failing so often, I am happy to use this "Strong Trends with Magic entries" so profitabkle.

    chinajohn
    672
    chinajohn 2019.03.20 08:53 
     

    I'm also looking for a rebound trading tool myself. I bought Mike's tool and I found him excellent. I checked most of the 15-minute deep rebound positions and used it to make us profitable! 5 stars!

    eatgreedytx
    142
    eatgreedytx 2019.01.01 15:35 
     

    Been using it for a couple of days and I have nothing but good things to say about this indicator.

    Made some pips already, hoping to make more.

    diu
    510
    diu 2018.12.30 01:58 
     

    Very exact in back tests. Smart analysis, great developer.

    Harikrishnabhai Patel
    740
    Harikrishnabhai Patel 2018.11.30 06:25 
     

    Nice indicator with high accuracy of entry.

    Thanks

    Martin Dieter Backschat
    4552
    Martin Dieter Backschat 2018.11.22 01:10 
     

    Very solid indicator with supporting guidelines how to use it.

    -dimitror-
    950
    -dimitror- 2018.11.01 03:49 
     

    All of Mike's indicators are top-notch, but this one is definitely my favorite. It's worth every penny. I use it with my scalping strategy and for about  2 weeks I almost doubled my account. My success rate with it is about 93%. Mike is also always available to answer questions and provide assistance. I am very happy with my experience and would recommend his indicators to everyone who wants to succeed.

    MAX RENE VELAZQUEZ GARCIA
    653
    MAX RENE VELAZQUEZ GARCIA 2018.08.29 22:19 
     

    Excellent tool, very, very accurate if you use it as Mike suggests. You can also incorporate it easily under your criteria and own style because it shows you a lot of useful information and adapts to any style, you will find a lot of added value especially if you take the time to read and understand Mike's vision of the market.

    DOMENICO DI VAGNO
    287
    DOMENICO DI VAGNO 2018.06.01 17:58 
     

    excellent indicator !!!

    ardy069
    46
    ardy069 2018.05.24 18:32 
     

    Very good indicator

    pochiponuki
    398
    pochiponuki 2018.05.19 12:05 
     

    Very nice indicator.

    5 stars! !

    DrGalak
    159
    DrGalak 2018.05.09 11:26 
     

    excellent tools. makes me to get better decision. and quite easier to find good entry point and target profit. in perfect combo with my trading style. love it

    cybeh
    104
    cybeh 2018.04.04 09:34 
     

    So far am quite happy with this Strong Trends with Magic Entries indicator, helps filtering out not so high winning probability setups. A rather useful tools for alerting high probability setups in line with the momentum of prevailing trend.

    sergmir2007
    359
    sergmir2007 2018.02.09 05:34 
     

    мне понравилоь

    Respuesta al comentario
    Versión 1.2 2019.03.23
    Less candles are now used to calculate the blue and orange line. No need to download historic candles.