209# Trend Magic Trading System

Trend Magic Indicator

Time Frame 15min or Higher

Currency Pairs: all.

Indicators used 4

Clock_v1_3

Just gives local time and other broker times plus current candle time
Tick both boxes under common tab
Set all to true apart from 12hr time

Ant-GUBreakout_V.0.4.1
Place on your chart and play around with the start stop times until the coloured box covers the Asian market in your time Zone.

Trend Magic indicator
CCI 50 .. ATR 5
BB MACD
Inputs 144..233..21 on 5 min time frame yep you guessed it Fib numbers
StDv 1.1
Entry long
BB MACD blue
TM goes from red to blue

Entry Short
BB MACD red
TM goes from blue to red
Exit
Initial stop hit or sliding stop via TM hit

I will explain in screen shot a b c d etc

A - Signal to go short
B - Initial stop is 1pip above last swing high ( good technical point for stop)
From A the TM then slopes down it goes flat and slopes down again when the slope is fixed ..ie cannot move which happens at close of candle C move stop to TM horizontal line at D
From C the TM goes flat and then moves down when slope is fixed ie.. cannot move which happens at close of candle E move stop to TM horizontal line at F

We follow down TM horizontal line with Stop but are ALWAYS 1 level above so we eventualy get stopped out at G for 16 pips

2 entries 1 short 1 long

Short

Initial BBMACD was red and TM become red from blue on the same bar we have an entry

Long

Initial BBMACD was blue and TM become blue from red on the same bar we have an entry

If using on the 1min the additional rule is...

When going long close of entry bar must be above TM when going short close of bar must be below TM line

Share your opinion, can help everyone to understand the forex strategy.

Comments: 5

#5
Roman (Tuesday, 26 January 2021 20:11)

https://www.forexfactory.com/thread/post/13378505#post13378505
I form a more perfect version of this strategy.
Sincerely yours. I downloaded a lot from your resource. I will be glad to share.
Roman
#4
Michel (Friday, 26 June 2020 16:17)

Hi
will it be possible to get the mq4 file for : BB MACD CCT ...?
#3
david (Wednesday, 21 March 2018 08:36)

how does it confirmed the change of trend
#2
Sudhir kakade (Saturday, 25 March 2017 01:54)

help me set this indicator in amibroker for indian stock market
#1
akash parkar (Wednesday, 28 December 2016 20:35)

thank you so so much sir..
you are amaizing..
stay connected with me sir