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Magic Lines MT4

30 USD

Demo downloaded: 12

Published: 19 July 2022

Current version: 1.1

Magic Lines MT4

Indicators
Nikolay Georgiev
Version: 1.1
Updated: 20 July 2022
Activations: 5

Magic Lines MT4 is an indicator which can be categorized as trend, levels and channels type. It draws a colored line which is colored in green and red depending where last close is. The value at the current open bar should not be taken into account. This part of the indicator can give us a sense whether it is trending up or down or its going sideways. Magic Lines indicator also draws blue top and bottom levels which can be taken into account for breakouts and false breakouts. A sideway zone should contain of at least two up and down bands which are nearly equal and the we can enter either on the breakout or when the zone is tested. Nevertheless its a good tool to know where the market is going.

It is also a good idea to check at lest 3 near timeframes like D1 H4 H1 to confirm the whole picture. As well you can also try M1 and M5 to get best price for entry which need experience and is not recommended for beginner traders. LOW TIMEFRAMES ARE NOT RECOMENDED IF YOU DON'T HAVE A GOOD SENSE OF RISK MANAGMENT AND SCALPING.

The code and logic behind is really simple and yet so powerful to identify the next trend movement. It draws levels that can be used for breakout entries but also that will matter further in time as supply and demand zones.

The input options give only one thing to choose - 'Calculate last X Bars' - this option doesn't affect the indicator calculation and it only limits it for how much bars back it will calculate. This is mostly used to increase performance and speed of calculations. IT IS NOT AFFECTING THE FORMULA AT ALL.

As any trend indicator this one as well is more objective on higher timeframes like Daily and H4 but it can still be used in lower ones like H1 and below.

It basically consists of a trend line which is really sensitive to change in directions and way more accurate than any combination of moving averages.

The indicator formula does not use any external built in indicator but it get information from the price action only, which makes it truly different.

The green-yellow-red line shows the trend direction. When price is above it means there is more potential for upward movement and vice versa.

The blue levels gives an insight for possible consolidation areas which after broken might be a start of a new long lived trend.

Be careful and do not instantly reverse trades after a long lasting trend and wait to see the next move.

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The indicator detects and displays М. Gartley's Butterfly pattern. The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by the pop-up window, a mobile notification and an email. The pattern and wave parameters are displayed on the screenshots. The default parameters are used for demonstration purposes only in order to increase the amount of detected patterns. Parameters

30 USD

The indicator detects and displays Shark harmonic pattern (see the screenshot). The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by a pop-up window, a mobile notification and an email. The indicator highlights the process of the pattern formation and not just the complete pattern. In the former case, it is displayed in the contour triangles. After the pattern is comple

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Free automatic Fibonacci is an indicator that automatically plots a Fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The Fibonacci is automatically updated in real time as new highest and lowest values appears amongst the selected bars. You can select which level values to be displayed in the indicator settings. You can also select the color of the levels thus enabling the trader to be able to attach the indicator several times with differe

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This indicators automatically draws the support and resistances levels (key levels) for you once you've dropped it on a chart. It reduces the hustle of drawing and redrawing these levels every time you analyse prices on a chart. With it, all you have to do is drop it on a chart, adjust the settings to your liking and let the indicator do the rest. But wait, it gets better; the indicator is absolutely free! For more information: https://youtu.be/rTxbPOBu3nY For more free stuff visit: https

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Индикатор строит блоки заказов (БЗ) по торговой системе (ТС) Романа. Поиск блоков осуществляется одновременно на двух таймфремах: текущем и старшем (определяемым в настройках). Для оптимизации и игнорирования устаревших блоков в настройках задается ограничение количества дней в пределах которых осуществляется поиск блоков. Блоки строятся по правилам ТС состоящем из трех шагов: какую свечу вынесли (что?); какой свечой вынесли (чем?); правило отрисовки (как?).

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The Trend Catcher: The Trend Catcher Strategy with Alert Indicator is a versatile technical analysis tool that aids traders in identifying market trends and potential entry and exit points. It features a dynamic Trend Catcher Strategy , adapting to market conditions for a clear visual representation of trend direction. Traders can customize parameters to align with their preferences and risk tolerance. The indicator assists in trend identification, signals potential reversals, serves as a trail

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Trend Plus Trendplus Indicator Time Frame: Suitable for any time frame. Purpose: Trend Prediction. Blue and red candle indicate the buy and sell call respectively. Buy: When the blue candle is formed buy call is initiated. close the buy trades when the next red candle will formed. Sell: When the Red candle is formed Sell call is initiated. close the Sell trades when the next blue candle will formed. Happy trade!!

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Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T

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This indicator will draw you the following levels : Daily open line: below is bearish market above is bullish. Avarage daily range high and low Asian market high and low Yesterday's high and low Theese levels are strong support and resictance levels everyone needs to pay attention to. If you did not use the its time to start! You need to pay attention when price is close to theese levels! Enjoy trading made easier!

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The indicator displays signals according to the strategy of Bill Williams on the chart. Demo version of the indicator has the same features as the paid, except that it can work only on a demo account . Signal "First Wise Man" is formed when there is a divergent bar with angulation. Bullish divergent bar - with lower minimum and closing price in the upper half. Bearish divergent bar - higher maximum and the closing price at the bottom half. Angulation is formed when all three lines of Alligat

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The indicator detects and displays 3 Drives harmonic pattern (see the screenshot). The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by a pop-up window, a mobile notification and an email. The indicator highlights the process of the pattern formation and not just the complete pattern. In the former case, it is displayed in the contour triangles. After the pattern is com

30 USD

This indicator filters the Zigzag indicator to calculate the main support and resistance levels. Variables minimum gap between peaks : is the distance (GAP) between the peaks of the Zigzag peaks sensitivity : Minimum number of nearby peaks look back: it means that it has to test the last 50 peaks in the Zigzag object name perfix: a prefix for level’s line name on chart

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This indicator identifies the most popular Harmonic Patterns which predict market reversal points. These harmonic patterns are price formations that are constantly repeating in the forex market and suggest possible future price movements / Free MT5 Version Dashboard Scanner for this indicator: ( Basic Harmonic Patterns Dashboard ) Comparison of "Basic Harmonic Pattern" vs. "Basic Harmonic Patterns Dashboard" Indicators Feature Basic Harmonic Pattern Basic Harmonic Patterns Dashboard

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The indicator displays the signals of the RSX oscillator on the price chart. (To display these signals in a separate window, along with the oscillator, another indicator is used - RSX Osc 4 AM ). It is optimal to use the indicator signals as signals to open a trade when the price overcomes the maximum or minimum of the bar at which the signal was given. An opposite signal cancels the previous signal. Settings: Data period for indicator calculation - data period for indicator calculation; Data

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Synchronize objects from one chart to multiple charts. Synchronize objects from one chart to multiple charts. 1. Allows automatic synchronization of new and edited objects to other charts. 2. Allows synchronization of all objects on the chart to other charts at the current time. 3. Allows setting the charts to synchronize based on the position of the chart in the MT4 window. Version 1.2: Allow set list of object names that you don't want to sync (Separated by commas ",") Allow set 5 types of

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This indicator has been created for finding the probable reversal points of the symbol price. A small candlestick reversal pattern is used it its operation in conjunction with a filter of extremums. The indicator is not redrawn! If the extremum filter is disabled, the indicator shows all points that have a pattern. If the extremum filter is enabled, the condition works – if the history Previous bars 1 candles back contains higher candles and they are farther than the Previous bars 2 candle, such

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35 USD

Get the bars from higher time frame on your main chart. You can be trading on M15 and watch H1 and H4 bars at the same time. Use the advantages by watching a single chart and keep track of Japanese candlesticks patterns from a higher time frame. You can no scalp on M1 or M5 without loosing sights of how much is it left for the M30 or H1 candle to close and if it bullish or bearish.

30 USD

Update: Push to mobile notification is now added as optinal in the settings. Most traders fail to generate profit because of the lack of so-called filters and scanners. If you want to win at trading you need a solid system and also a filtering tool for some or all of your entry criteria. It is impossible to follow 24 currency pairs, all the indices, stocks and commodities without a filtering tool. Imagine you can get an email any time CCI crosses bellow 100 and 0 when the price is bellow MA5 an

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Moving Average Change Do you wonder where to take profits? Have you ever searched a simple strategy to execute trades? The Moving Average Change indicator is a perfect product for you. The indicator is perfect for finding divergence on charts. It works perfectly on any timeframe but keeps in mind m1 to m15 will be short-lived signals. You can still use it to scalp forex indices and commodities. The indicator also has an option for backstep where you can check the change in MA value between not

30 USD

This is a stable EURUSD strategy, that can deliver solid results. Low drawdown compared to profit. Parameters are already set to deliver profits, no need to change anything (only Lots volume) just set on chart and leave it print some money. All positions has StopLoss and TakeProfit and no Martingale, Grid or Averaging is used. Account size 500$ => Lots = 0.05 Account size 1000$ => Lots = 0.10 Account size 5000$ => Lots = 0.50 Works ok on M5, M15, M30, H1 and H4.

30 USD

Time Range Pivot Points is an indicator that will plot Pivot Point + Support and Resistance levels on the chart, but it will calculate the formula based on a specific time range, that can be defined in the settings. If you want to successfully trade the European and US sessions it will be smart to check all levels generated by the Asian session time range. This indicator will allow you to do that. Everything is designed to get you an advantage of the potential support and resistance levels for t

80 USD

This EA is configured to trade after London market open and all defined time ranges. This is one of the most popular strategies that every serious trader should know well. The "London Breakout Trader" EA is a trully flexible system that will allow you nearly everything to get configured from hard SL TP Trailing SL with Trailing Step, Range size fileter, Auto Parameters based on range size and all you need to set it to work for you. This EA is even more you can configure trading days hours and ra

30 USD

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Version 1.1 2022.07.20

minor update on 'Calculate last X Bars' input causing Array out of range