Trend Magic Filtered Forex Trading System
The trend magic filtered is a forex trading system that is based on the trend magic indicators. This system is suitable in all currency pairs. The applicable timeframe for this method is 5-minute or higher.
Metatrader Indicators:
- Trend Magic
- Marauder 7.2
- Flat Trend.
- BB(20,2).
Long Entry:
- The trend magic must be Blue.
- The Marauder 7.2 is all green.
- The flat trend is green.
Do not enter when the price breaks the upper band (BB).
Short Entry:
- The trend magic must be red.
- The Marauder 7.2 is all red.
- The flat trend is red.
Exit Position:
- When Trend Magic changes its color or upper (for buy) and Lower (for sell) band.
- Place Stop Loss on opposite band
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