Trend Magic Indicator
tradedevils-indicators.com
Software / Computer Software

Trend Magic Indicator

$169.00
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Overview The Trend Magic indicator is a very popular trend indicator. It comes from the forex world where it's used by many traders. Trend Magic Indicator is a combination of Commodity Channel Index (CCI) and Average True Range (ATR). That is how it plots the trend signals and identifies the possible market entry areas within the trend. We took this basic idea of the indicator and supercharged it in many ways by adding trading signals, statistics, alerts, and a ATR volatility based band   ATR based channel bandwidth The SSL channel can optionally be widened by applying an ATR-based multiplier. When the ATR multiplier is set to 0 the band has its original width determined by the 2 moving averages. By increasing the multiplier to for example 0.5, 1, 2, or more you can widen the SSL channel to your liking   Real-time trading statistics The indicator calculates the trading statistics for each historical trade setup in real-time. The stop loss and target used can be changed in the indica

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