Your support is fundamental for the future, to continue sharing the best free strategies and indicators.


70# Magic Forex Trading System

Submit by Forexstrategiesresources

 

Time frame: 4H

Pairs:all

Indicators:

MACD (12, 24,12)

Magic Bars

Gann HiLo Activator SSL

Long Entry:

The Gann HiLo Activator is confirmed by MACD >SMA and MACD>0, The Magic Bars Blue.

Short Entry:

The Gann HiLo Activator is confirmed by MACD <SMA and MACD<0, The Magic Bars Red.

 

Exit:

when the Gann Hilo Activator reverse;

 


Stop Loss

for Short trade:The previous highest price of the candle +50 pips

for Long trade:The previous highest price of the candle -50 pips

 

Trades of Example Magic Forex Trading system


Trading System
Magic.rar
compressed file archive 6.5 KB

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

Comments: 1
  • #1

    Ronald (Monday, 26 February 2018 16:22)

    Quite nice system here! I've downloaded the indicators and template, then used a free decompiler to convert the ex4 files to mq4 and changed the colors in the code in order to make it look more easy to the eyes (up colors red, down colors blue, for the two 'Magic Bars' and 'MACD' indicators - was a bit painful to watch all the different colors and it always makes me wonder what's the use in this???). You can download the free decompiler at '4shared' (free registration), just look for 'Ex4 to Mq4.rar' there (I commented on it, so you can't miss it). Cheers!