Buy Sell Magic Indicator
Buy Sell Magic indicator is the best MT4 indicator for straightforward buy and sell signals. Free Download. Accurate trend reversal detector.
CATEGORIES: TREND, MT4, SIGNAL
Updated on: 18.12.2023
The Buy Sell Magic indicator for Metatrader 4 is a combination three indicators and custom price action filter. It does not feature distracting bands, histograms or lines. It only comes with non-repaint arrows which tell you when to buy and sell. Besides the entry points, it also provide suitable exit points. This makes it suitable for both novice and experienced traders
Here is another crucial point. The Buy Sell indicator is ideal for lower time frames (M1, M5, M15, M30) during the London and New York sessions when the market is more volatile. The best part is that you can use it to trade any currency pair. However, it is not advisable to use the indicator on holiday and during major economic news. How is the indicator used, you ask?
How to Trade Using Buy Sell Magic Indicator
Buy Signal
The indicator shows a green arrow, signaling that it is time to enter a long position. A screen alert pops up to ensure to identify the signal in real time. The best part is that the indicator calculates stop loss for you. All you have to do is to fill in the order. Alternatively, you can place the stop loss just below the grey dotted line.