TradeMagna™ Timing Algo V2.5

19 Ağu 2020

Over the years we've come up with three of the most profound problems that most traders struggle with:
1- when to take profits?!
2- how to hold my winning positions without overly thinking?
3- how can I get a trading system without conflicting indicators?

What makes TradeMagna Algo very unique is that it emphasizing the act of taking profit and be steady for the next position, and when you have a winning position it will let you keep it without overly thinking about closing it every while!

The main features you will find in our TradeMagna Algo V2 are standard buy&sell signals, strong signals, and candlestick coloring. All of these features don’t contradict each other but otherwise complement each other in an unprecedented way to be used as a complete trading system!

TradeMagna algo can identify synchronized trends “trend periods” and unsynchronized trends “ranging periods” when taking profits happens through range breakouts and multiple indicators working together under the hood without contradicting each other. Strong signals (Green or Red "Strong" tags) will trigger when either standard signals turned strong "synchronized", or when a new trend signal has triggered from purple candles.

When you get purple candles, it means to take profit and be steady for the next signal to trigger, or "be cautious" in your current position if the last triggered signal was strong.

Trend identifying strategies typically fails when markets are ranging and triggers many false signals, and to overcome this as best as possible, our purple candles indicate when strong signals may not be heading in the right direction; and that's what we mean by "be cautious" in your position...
Strong signals are the only signals for entering long or short positions and all standard buy and sell signals activate purple candles until it gets synchronized, so then it's safe to trade.

TradeMagna can be used on any market, and you can use either standard candlesticks, Heikin Ashi Candles (recommended), or TradeMagna Noise Removal (highly recommended) for spotting trends better as a swing trader.

Our strategy is ideally used for swing traders on higher timeframes such as 4H, 12H, 1D, 2D, 3D, 1W, and even on very high timeframes with good past results such as 1M, 3M on instruments like Bitcoin, currencies, Gold, or the S&P500, etc...

per our disclaimer on our website, if you are using this script you acknowledge that past performance is not necessarily indicative of future results, and no script can 100% guarantee success in trading.

You can use the link below to visit our website and gain access to the script.