Buy Sell Magic Indicator
0,00 €
The Buy Sell Magic Indicator is one of the top MT4 indicators for generating clear and straightforward buy and sell signals. It offers a free download and serves as a highly accurate trend reversal detector, making it an essential tool for traders seeking precision in market entry and exit points.
Our media resources:
Dealing with various indicators can easily become a headache, as intricate plots, hues, and figures obfuscate the real meaning of trading signals. Thankfully, there's a solution to this common problem, simplifying Forex trading: the Buy Sell Magic Indicator. This indicator is created to ease trading, displaying distinct buy and sell suggestions, which empowers traders to take market actions with greater certainty.
Super cool Forex indicator is here!!
Key Features:
Purchase and Sale Magic Indicator for MT4 – A Powerful, Yet Basic Trading Aid
The Buy Sell Magic Indicator, designed for MetaTrader 4 (MT4), presents a functional trading solution. It fuses three distinct indicators, along with a price action filter that’s customized, delivering clear buy and sell signals. Differing from many indicators that are complex, this one aims for clarity. It displays only non-repainting arrows, highlighting where to enter and exit the market.
This simplified layout makes the indicator user-friendly, suitable for all traders, regardless of experience level.
What are the Advantages of Utilizing the Buy Sell Magic Indicator?
- The buy and sell signals are easily understood.
- Arrows do not repaint, offering dependability in confirming a trade.
- Automatically recommends stop loss levels.
- Works effectively on lower timeframes, such as M1, M5, M15, and M30.
- Suited for high-volatility trading during the London and New York sessions.
- Compatible across every currency pair.
It is recommended that this indicator *not* be applied on days where the market is closed for holidays, or during major economic announcements, as market conditions can change swiftly and unpredictably.
Trading Instructions Using the Buy Sell Magic Indicator
Buy Signal (Going Long)
- A green arrow indicates a buying opportunity.
- Instant pop-up alerts notify the trader in real time.
- The indicator computes a stop loss automatically, or a trader can manually place the stop just below the grey, dotted line.
- Take profits can be targeted using a reward ratio of 3:1. Alternatively, exit the trade when a bearish signal appears.
Sell Signal (Going Short)
- A red arrow suggests an opportune moment to sell.
- The same pop-up alert also provides an ideal level for the sell stop.
- Place a stop loss immediately above the grey dotted line, if you require a tighter method of risk management.
- Traders can then exit upon a buy signal or set their profit objective.
The best trading robots are collected here!
Illustrative Trade with the Buy Sell Magic Indicator
The provided chart depicts a common price movement of the EUR/USD pair, showcasing the way the Buy Sell Magic Indicator generates trading alerts:
- A sell signal is indicated by a red arrow pointing down, at the price of 1.2236.
- A dotted red line visually marks a resistance level, where traders should consider positioning their stop loss orders.
- A green upward-pointing arrow at 1.2165 signifies a potential buying opportunity.
- The blue dotted line represents a support level, offering a suggestion for stop loss placement for the buy trade.
Concluding Remarks
The Buy Sell Magic Indicator offers easy-to-interpret and reliable trading signals, perfect for both short and long positions, and without complex technical knowledge. Traders can simply:
- Spot green and red arrows to determine when to enter a trade.
- Utilize the pop-up alert to verify the signals and recommended stop-loss locations.
- Always practice sound risk management, supplementing the indicator with additional investigation.
The best aspect? It's a free tool! But, for best trading results, it is recommended to employ it alongside other techniques for additional refinement.
Get the Buy Sell Magic Indicator today to boost your Forex trading strategy!Â
You must be logged in to post a review.
Instant delivery after purchase
This digital product is delivered to the user's email instantly. You will receive an email with a download link immediately after your payment is confirmed.
Reviews
Clear filtersThere are no reviews yet.