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Magic Finger Singal

5
Magic Finger can help you identify trends and trading opportunities clearly. The finger points to the open position signal, and the discoloration line is confirmed by the trend.
  • If you are a day trader, you can choose to trade during a period of active trading, referring to the discoloration line as the basis for the next order, finger signal as a filter.
  • If you are a trend trader, you can choose a period above H1, wait for the appearance of the finger signal in the key price area, and enter the market to trade, and then use the discoloration line as a confirmation of the trend.
  • Stop loss can be used as a basis for stop loss dots.
  • RS is an important long-short watershed.

Input parameters:

RISK
5
MONEY RISK
2.0
AlertOption
*********************************
Local Alert
true
TimesOfAlerts
2
E-Mail Alert
false
App PUSH Notification 
false
 Display_Option  *********************************
 Barclor_Display  true
 RS_Display  true
 Line2_Display  false
***ADR Option**  *********************************
 Display ADR  true
 ATR Period  18
 Normal Color  DarkOrange
 Reach Color  MediumBlue


Comentarios 1
Taffylola
313
Taffylola 2019.09.09 20:11 
 

Really good indicator, I use the colored candles and entries all the time. Best on longer TF's like 1hr, 4hr, Daily

Excellent support from the developer.

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This Indicator creates a heatmap based on depth of market of the current symbol or another symbol. Other symbol is useful when you trade futures market and a contract has 'mini' and 'full' split. For example, in Brazil (B3 - BMF&Bovespa), WDO and DOL are future Forex contract of BRL/USD (where 1 DOL = 5 WDO) and big banks work mostly with DOL (where liquidity is important). Please use with M1 timeframe , objects are too small to be displayed at higher timeframes (MT5 limit). The number of level
[ MT4 Version ]  [ Order Blocks ]  [ Kill Zones ]  [ SMT Divergences ] How to trade using Order Blocks :  Click here User Interface Performance:  During testing in the strategy tester, the UI may experience lag. Rest assured, this issue is specific to the testing environment and does not affect the indicator's performance in live trading. Elevate your trading strategy with the  Order Blocks ICT Multi TF  indicator, a cutting-edge tool designed to enhance your trading decisions through advanced o
[ MT4 Version ]  [ Kill Zones ]  [ SMT Divergences ] How to trade using Order Blocks:  Click here User Interface Performance:  During testing in the strategy tester, the UI may experience lag. Rest assured, this issue is specific to the testing environment and does not affect the indicator's performance in live trading. Elevate your trading strategy with the  Order Blocks ICT Multi TF  indicator, a cutting-edge tool designed to enhance your trading decisions through advanced order block analysis
Visual Heatmap Book Analyzer
Alexandre Moraes De Souza Lima
Visual Heatmap Book Analyser This indicator monitors the market liquidity and generates colors based on order patterns, quantities, and renewal activities in the book. This allows you to visualize the order flow and identify areas of high and low liquidity and activity. The indicator uses machine learning techniques to analyze the order behavior in the book, enabling it to detect patterns and trends in orders, allowing you to make informed decisions about your trading operations. The color pale
Otros productos de este autor
Average True Daily Range is an indicator that displays support and resistance zones based on the average daily price range. It is used to determine the intraday trading space and risk-return ratio. It needs to be traded in conjunction with other indicators to determine the direction. This indicator is used for intraday trading, so the indicator is only displayed on D1 below periods. If you are interested in day trading based on trend trading, you can test my other indicator " magic finger "
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Taffylola
313
Taffylola 2019.09.09 20:11 
 

Really good indicator, I use the colored candles and entries all the time. Best on longer TF's like 1hr, 4hr, Daily

Excellent support from the developer.

Respuesta al comentario
Versión 3.60 2024.12.29
1,Delete line2
2,Bug fix
Versión 3.50 2024.09.29
Add a subdivision indicator display switch (colorful bar/ line2 /RS)
Versión 3.41 2019.04.09
Bug fix.
Versión 3.40 2019.04.08
1. Increase the Average Daily Range(ADR), which is used to guide the intraday price range and the reference TP price for the day trader.(Average Daily Range(ADR)indicator can be purchased independently in the market, only a very low price)
2. Optimized the problem of RS coverage the candles.
Versión 3.30 2019.02.17
Increased RS, when the price is blocked or crossed in the RS area, indicating that the trend continues or reverses, and the RS area is the best trading position, giving you a better risk-reward ratio.