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Overview Magic 7 Indicator is a comprehensive MetaTrader 5 (MQL5) indicator that identifies seven different trading scenarios based on candlestick patterns and technical analysis. The indicator combines traditional price action patterns with modern concepts like Fair Value Gaps (FVG) to provide trading signals with precise entry points and stop loss levels. Features 7 Trading Scenarios : Each scenario identifies specific market conditions and trading opportunities Visual Signals : Clear buy/sell
FREE
It is an automated trading system based on LVN (Low Volume Node) simulations. It search for price zones where trading volume is unusually low - these are areas where price can move quickly due to less resistance.
The strategy simulate CVD (Cumulative Volume Delta) analysis, which tracks the difference between buying and selling pressure at different price levels. When it detects strong aggressive buying or selling at low-volume zones, it enters a trade.
How does it work?
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