Trend Magic Indicator
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Trend Magic Indicator Metatrader MT4|MT5 Free Download

Free Download

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Specs
Release date:August 25, 2018
Last updated:August 25, 2018
Current version:1.0
Product type:Indicator
Requirements:MT4 | MT5
  • Description
  • EA Developers
  • Comments

The Trend Magic indicator shows the trend depiction on chart using the combination of market momentum and volatility. A smoothing coefficient is used to smooth out the noise from the signal. Trend Magic indicator can be used to find out the new entries or confirm the trades produced by other EA/Indicators.

Usage
  • Find new entries in the trend direction.
  • Improve the accuracy of other indicators when used in conjunction.
  • Can be used as a dynamic support n resistance level.

Input parameters
  • History Bars: Numbers of bars to consider for calculation. Lesser History Bars = Low memory consumption.
  • Trend Period: Period used for trend and momentum calculation.
  • Smoothing Coefficient: Smoothing coefficient to smooth out the noise from data.
  • Rest of the inputs are self explanatory.

Screenshots

{"autoplay":"false","autoplay_speed":"1000","speed":300,"arrows":"true","dots":"true"}

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Reviews

  • Great Indicator

    Works great. Easy to install. Very easy to follow & catch a trend.
    Thank you very much.

  • KT Trend Magic

    Большое Спасибо за вашу работу.Всё прекрасно работает.И терминал не тормозит.

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