Magic Forex Trading System
The magic forex trading system is a comprehensive startegy that is based on gann Hilo activator ssl and other confirmation indicators. The applicable timeframe for this system is 4-hours and is useful in allcurrency pairs.
MT4 Indicators:
- MACD (12, 24,12)
- Magic Bars
- Gann HiLo Activator SSL
Long Entry:
- The Gann HiLo Activator is confirmed by MACD greater than SMA.
- MACD is greater than 0.
- The Magic Bars is Blue.
Short Entry:
- The Gann HiLo Activator is confirmed by MACD less than SMA.
- MACD is less than 0.
- The Magic Bars is red.
Exit Position:
- when the Gann Hilo Activator reverse.
Stop Loss:
Short trade: The previous highest price of the candle +50 pips
Long trade: The previous highest price of the candle -50 pips
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