Title: Magic Tool AI Ultimate Trend Scalper
Magic AI is a professional-grade trend-following Expert Advisor (EA) designed for MetaTrader 5. It combines the volatility-based power of the Supertrend indicator with a high-period Exponential Moving Average (EMA) to filter out "fake" signals and capture high-momentum moves.
How it Works The EA uses a 3-Step Confirmation system:
1. Trend Filter: Price must be above the 50 EMA for Buys (or below for Sells).
2. Volatility Flip: The Supertrend must signal a direction change.
3. Candle Close Confirmation: To avoid "wick fakeouts," the EA only enters a trade after the signal candle has fully closed.
Advanced Risk Management Magic AI is built to protect your capital. It features a unique 3-Stage Exit Strategy:
• TP1 (1:1 RR): When reached, the EA automatically moves the Stop Loss to Breakeven (BE).
• TP2 (1:2 RR): Once TP2 is hit, the EA activates a Dynamic ATR Trailing Stop. This locks in profit while giving the trade room to hit the final target.
• TP3 (1:3 RR): The final goal for maximum profit.
Key Features
• No Martingale/No Grid: Every trade has a hard Stop Loss.
• Auto-Trailing: Dynamic profit-locking logic.
• Smart Dashboard: Real-time monitoring of Win Rates and Signal Stats directly on your chart.
• Fully Customizable: Adjust Sensitivity and ATR multipliers to fit any pair or timeframe.
Recommended Setup
• Timeframe: M15 or H1.
• Pairs: Major Forex pairs (EURUSD, GBPUSD) or Gold (XAUUSD).
• Broker: Low spread ECN accounts are recommended.