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TrendMagiX PRO MT5

Unique trend trading algorithm with advanced filtering and many features which should become a part of your trading arsenal. This indicator can give you also trading advisors (with take profit target), success rate scanner and much more. TrendMagiX PRO comes with built-in multi-pair and multi-timeframe scanner which is fully adjustable. User can select own symbols and time-frames to monitor.

+ ALL the features of standard TrendMagiX indicator


Important information

For additional detailed information you can follow the product page on 747Developments website.


Features
  • Easy to use (just drag and drop to the chart)
  • built-in multi-timeframe and multi-pair scanner
  • Possible to use with any trading instrument
  • Possible to use on any time-frame
  • Take profit advisors
  • Success rate calculator
  • Fully adjustable
  • Trend detection alerts and notifications
  • Possible to use with an Expert Advisor via iCustom function
  • Unique algorithm for the trend detection

Important Parameters
  • MainPeriod - Number of bars for main trend calculation
    • Usual values from 4 to 10 for entering trades - better follows short term trend
    • Usual values from 15 to 30 for longer term trend filtering
  • MainFilter - Filtering number for trendline smoothing
    • Usual values from 10 to 60
  • ConfirmDistance - Number of bars that confirms trend direction
    • Usual values from 3 to 6
  • ReverseFilter - Filter for better stability of signal change detection
    • Usual values from 50 to 200
  • AutomaticTPRange - Set automatic Take Profit range (multiplier to calculate Take profit distance)
    • Usual values from 1 to 4
  • MaxProcessedBars - Number of processed bars to calculate all statistics 
  • ManualTakeProfit - You can set manual take profit in points
    • if number is higher than 0 - Automatic take profit calculation is not performed and Indicator uses manual take profit for all the statistics


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Indicadores
Introduction Harmonic Patterns are best used to predict potential turning point. Traditionally, Harmonic Pattern was identified manually connecting peaks and troughs points in the chart. Manual harmonic pattern detection is painfully tedious and not suitable for everyone. You are often exposed under subjective pattern identification with manual pattern detection. To avoid these limitations, Harmonic Pattern Plus was designed to automate your harmonic pattern detection process. The functionality
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Indicadores
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Indicadores
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Indicadores
Contact me for instruction, any questions! Related Product:  Gold Trade Expert MT5 Introduction The breakout and retest strategy is traded support and resistance levels. it involves price breaking through a previous level.  The break and retest strategy is designed to help traders do two main things, the first is to avoid false breakouts. Many false breakouts start with a candlestick that breaks out of a level but ends with an immediate candlestick that brings the price back into the level. T
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Indicadores
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Versão 3.4 2023.06.01
- Minor code updates
Versão 3.3 2021.11.18
- Minor code improvements
Versão 3.2 2020.12.22
- Code efficiency improvements
Versão 3.1 2020.10.19
- Fixed buffer access for datetime when no bar data available
Versão 3.0 2020.07.15
- Algorithm improvement
- Calculation of line from history begin
- Status message for bar update added
- 1 minute check for downloaded bars
- Code efficiency updates
Versão 2.8 2020.06.09
- Code efficiency updates
- re-compiled for last Metatrader build
Versão 2.6 2020.04.26
- Code efficiency updates
- Panel update
Versão 2.5 2020.04.09
- Fixed Panel repaint when using more instances and swtiching timeframes