
Trend Magic Indicator
Trend magic offers the best trend-following trading solution for beginners. Determines trend conditions and generates daily buy-sell alerts on MT4 charts
CATEGORIES: TREND, MT4, SIGNAL
Updated on: 26.10.2023
Trend Magic is an MT4 forex trading indicator used to identify the trend-reversal moments of the market. Besides trend alerts, its trendline guides you through the dynamic support/resistance levels of the market.
Automatic trendline indicators are ideally fit for beginners who find it hard to assess the daily market trend manually. Besides, failing to determine the market trend correctly may lead to early or late entry resulting in unexpected losses. So, as a newbie trader, it is important to choose a trend indicator that consistently generates correct trend signals.
Trend Magic closely monitors the market momentum and generates highly probable automatic trend signals. Its higher accuracy in generating trend-based buy-sell signals makes it more reliable to beginners. Besides, it works on MTF charts and supports trading all types of forex and stock items.
How to use Trend Magic signals for executing daily buy-sell orders
Trend Magic is a non-repaint indicator and doesn’t lag in generating the trend signals. It applies a single dynamic trendline across the chart that determines both trend conditions and the S/R levels of the price.