Forex Trend Magic Alert Trading System
Forex Trend Magic Alert Trading System:
Time Frame: H1, H4.
Currency Pairs: all.
Indicators:
SD Alarm – a dot in a main window with an alarm;
SD Candles
Trend Magic – that “magic” is actually MaCD, blue above zero and purple below zero line … or 12/26 EMA cross … it´s all the same;
BBMaCD – no need for BB (Bollinger Bands), just MaCD, settings 144, 233, 21;
BUY:
Green dot on main chart and on BBMaCD, Trend Magic blue, candles blue.
Enter with 2 or 3 positions, so you can close them at different points.
For example, if using H4, take profit @100, 200 and leave third position to trail (100 pips) until exit signal or SL.
Exit signal – you see two! indicators change color. That is your SL too if trade goes against you.
SELL:
You´ll figure it out – it´s the opposite of buy.
In forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.
For every trading strategy one needs to define assets to trade, entry/exit points and money management rules.
How to install Forex Trend Magic Alert Trading System?
- Download Forex Trend Magic Alert Trading System.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Load indicator on your chart
How to uninstall Forex Trend Magic Alert Trading System?
To shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands of “Delete Indicator” or “Delete Indicator Window”, or the chart context menu command of “Indicators List – Delete”.
