High Accuracy “Trend Magic MA Trading System and Strategy” – We can use the trading system for scalping or swing trading.
- Time Frame: M5 or higher
- Currency Pairs: AUDUSD, EURUSD, GBPUSD, and USDJPY
- Moving Average
- Commodity Channel Index
- Download “TraderVersity.Com-TrendMagicMA” (Zip/RAR File).
- Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
- Copy the “TraderVersity.Com-TrendMagicMA.tpl” file (template) to your Metatrader Directory …/templates /
- Start or restart your Meta Trader Client.
- Select Chart and Time frame where you want to test your Forex system.
- Right-click on your trading chart and hover on “Template”.
- Move right to select “TraderVersity.Com-TrendMagicMA” trading system and strategy
- You will see “Trend Magic MA Trading System” is available on your Chart
- TrendMagic: Blue color line
- Moving Average: Upward and above the TrendMagic line
- Commodity Channel Index line: Above the level 50
- TrendMagic: Red color line
- Moving Average: Downward and below the TrendMagic line
- Commodity Channel Index line: Below the level -50
Stop Loss is needed only in cases when the market suddenly changes its direction, or you have not had time to close the position at the intersection of the Trend Magic.
Use a demo account or a small live account first to practice this trading system.