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Magic Channel

3.67

Magic Channel is a channel indicator for the MetaTrader 4 terminal. This indicator allows finding the most probable trend reversal points.

Unlike most channel indicators, Magic Channel does not redraw.

The alert system (alerts, email and push notifications) will help you to simultaneously monitor multiple trading instruments.

Attach the indicator to a chart, and the alert will trigger once a signal emerges.

With our alerting system, you will never miss a single position opening signal!

You can test the program by downloading the demo version.

Magic Channel for the MetaTrader 5 terminal : https://www.mql5.com/en/market/product/64301

Advantages of the indicator

  • Perfect for scalping.
  • Excellent for identifying trend reversals.
  • Suitable for beginners and experienced traders.
  • Works on all timeframes.
  • The indicator does not repaint.
  • Flexible alerting system.
  • Chart customization (the size and color of lines).


Recommended symbols

USD/CAD, EUR/USD, USD/CHF, AUD/NZD, AUD/CAD, GOLD.


Recommendations on usage

Buy when the price crosses the lower line of the indicator upwards (see screenshot 1, entry points are encircled).

Open Sell orders when the price crosses the upper line of the indicator downwards.

The indicator is best suited for intraday trading, on the timeframe from M5 to H4.


Parameters

  • Period - key parameter responsible for the averaging period for calculating the indicator.
  • PRICE - price for the indicator calculation, OPEN or CLOSE can be selected.
  • Coefficient - channel width ratio. The higher the value, the wider the channel.
  • Alert - enable/disable Alert. If true - enabled, false - disabled.
  • Email - enable/disable sending e-mails. If true - enabled, false - disabled.
  • Push - enable/disable sending messages to the mobile terminal. If true - enabled, false - disabled.
  • clrUPPER - the color of the upper indicator line.
  • clrLOWER - the color of the lower indicator line.
  • Width - line width.


Avis 4
Marzipano
635
Marzipano 2018.05.28 14:18 
 

I like it...

RDI
1482
RDI 2019.05.18 23:32 
 

ok

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Dessine automatiquement les niveaux de support et de résistance PLUS les écarts des bougies de propulsion sur votre graphique, afin que vous puissiez voir où le prix est susceptible de se diriger ensuite et/ou de s'inverser potentiellement. Cet indicateur est conçu pour être utilisé dans le cadre de la méthodologie de trading de position enseignée sur mon site web (The Market Structure Trader) et affiche des informations clés pour le ciblage et les entrées potentielles. L'indicateur comport
Tout d'abord, il convient de souligner que ce système de trading est un indicateur non repainting, non redrawing et non lagging, ce qui le rend idéal pour le trading professionnel. Le "Système de Trading de Support et Résistance Intelligent" est un indicateur avancé conçu pour les traders novices et expérimentés. Il permet aux traders de bénéficier de précision et de confiance sur le marché du forex. Ce système complet combine plus de 7 stratégies, 10 indicateurs et diverses approches de trad
Trend Forecasting
Mohamed Hassan
5 (15)
Cet indicateur est très puissant lorsqu'il est combiné avec notre autre indicateur appelé Katana. Après l'achat, envoyez-nous un message et vous pourrez obtenir Katana GRATUITEMENT en BONUS  ! Le prix augmentera bientôt à 149$ ! Ne manquez pas le prix courant à 65$ ! L'indicateur de prévision de tendance est un outil très unique et simple qui est capable de prédire les mouvements futurs des prix en fonction des signaux générés par MACD. Cela vous aide à avoir une estimation des domaines dans
ICT, SMC, SMART MONEY CONCEPTS, SMART MONEY, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, BOS/CHoCH,   Breaker Blocks ,  Momentum Shift,   Supply&Demand Zone/Order Blocks , Strong Imbalance, HH/LL/HL/LH,    Fair Value Gap, FVG,  Premium  &   Discount   Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Frame, BigBar, HTF OB, HTF Market Structure, 
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MA on Fractals is a professional trend-following indicator for MetaTrader 4 . It builds a moving average using Bill Williams' fractals. We believe that MA on Fractals is much more efficient than a standard moving average. Its combination with other indicators allows receiving more accurate trading signals. It is most suitable for M15, M30, H1 and H4. Advantages Unique indicator. Generates minimum false signals. Suitable for beginners and experienced traders. Simple and easy indicator configur
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Trade2222
1018
Trade2222 2023.06.06 12:31 
 

not working in Down Trend!

sphomin99
64
sphomin99 2019.09.05 22:44 
 

L'utilisateur n'a laissé aucun commentaire sur la note

RDI
1482
RDI 2019.05.18 23:32 
 

ok

Marzipano
635
Marzipano 2018.05.28 14:18 
 

I like it...

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