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Strong Trends With Magic Entries

5

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
    ngurule
    231
    ngurule 2021.04.23 17:02 
     

    Strong Trends with magic entries does work very well,. It gives high winning probability setup when the price crosses the thin green/orange line and come back. 5 start rating.

    Fann29
    259
    Fann29 2020.09.09 08:31 
     

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

    Tae Youn
    1473
    Tae Youn 2020.03.26 20:43 
     

    Awesome Product!

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    Filtro:
    ngurule
    231
    ngurule 2021.04.23 17:02 
     

    Strong Trends with magic entries does work very well,. It gives high winning probability setup when the price crosses the thin green/orange line and come back. 5 start rating.

    Mohammed Zahedul Karim
    197
    Mohammed Zahedul Karim 2021.03.05 10:31 
     

    Today I tried free version of this Indicator on my GBPUSD chart and aright after able to catch a signal, which was profitable trade for me. To me this indicator seems very promising and I purchased it today. Best wishes for developer who built this. I am excited having this indicator with me.

    smohr8900
    174
    smohr8900 2021.03.01 18:52 
     

    Looking forward to more time with it!

    Fann29
    259
    Fann29 2020.09.09 08:31 
     

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

    Tae Youn
    1473
    Tae Youn 2020.03.26 20:43 
     

    Awesome Product!

    Max
    977
    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
    607
    remcous 2019.11.30 11:54 
     

    Very happy with this fabulous indicator +++

    Zachary Lim
    24
    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
    2941
    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
    144
    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
    760
    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
    147
    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
    425
    diu 2018.12.30 01:58 
     

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

    Harikrishnabhai Patel
    793
    Harikrishnabhai Patel 2018.11.30 06:25 
     

    Nice indicator with high accuracy of entry.

    Thanks

    Martin Dieter Backschat
    4546
    Martin Dieter Backschat 2018.11.22 01:10 
     

    Very solid indicator with supporting guidelines how to use it.

    -dimitror-
    946
    -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
    668
    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
    285
    DOMENICO DI VAGNO 2018.06.01 17:58 
     

    excellent indicator !!!

    ardy069
    46
    ardy069 2018.05.24 18:32 
     

    Very good indicator

    pochiponuki
    473
    pochiponuki 2018.05.19 12:05 
     

    Very nice indicator.

    5 stars! !

    12
    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.