I-Trend Magic Continuation Forex Trading Strategy

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Trend Magic Continuation Forex Trading Strategy

Most people believe that trading is something that only the intellectually gifted and technically savvy people could do. Many people who are not acquainted to trading think that it is very complicated and difficult to understand. Although there is a certain level of intellect that is required to understand trading, it is really not that high. Anyone who could understand a simple bar chart can understand technical trading and anyone who have bought goods from the wet market would have an understanding of how behaviors in the financial market could play out.

Trading and the financial market is really just the same concept as trading goods and commodities in a physical market. The difference is just the volume of trades being done every minute and the way the trade takes place. The same concept of buying goods and commodities and holding them until prices go up before selling it again holds true. In the physical market traders buy goods and sell it for a profit. If they see that prices are going up, then many shrewd traders would hoard the commodity and sell it for a higher profit. Ngokwesibonelo, if the price of rice is constantly going up, they won’t be too keen on parting with their stock of rice easily for a low price. Kunalokho, they would hold it and sell it when the price is higher. They would also look to buy more of such commodity knowing that prices are rising. Noma kunjalo, they would also avoid buying at a very high price and would still look for a discount.

The same concept holds true in trading the forex markets. If the market is trending, traders are out to trade in the direction of the trend. Noma kunjalo, wise traders would also avoid trading at a price extreme and would rather trade on pullbacks in order to enter the market at a better price.

Trend Magic Continuation Forex Trading Strategy trades on the same concept. Ihweba ngendlela yokuthambekela. Noma kunjalo, it also waits for pullbacks and trades only when the market is signaling that it is ready to continue the direction of the trend.

Trend Magic

Trend Magic is a custom trend following technical indicator which helps traders objectively identify the direction of the mid-term trend.

Trend Magic is based on two underlying technical indicators, the Commodity Channel Index (I-CCI) kanye ne-Average True Range (ATR).

It identifies the direction of the trend based on the CCI. It then plots a line on the price chart which shadows price action. This line is shifted above or below price action depending on the direction of the trend by a multiple of the ATR.

Umbala womugqa nawo uyashintsha kuye ngokuya ngakunye kwethrendi. The line is blue if the trend direction bias is bullish. The line is red if the trend direction bias is bearish. Traders can use the changing of the color of the line as an indication of a potential trend reversal.

oscillator Awesome

I-Oscillator Eyesabekayo (UKUZE) is a momentum technical indicator which is a part of the oscillator family of indicators. It is also based on the concept of moving average crossovers.

The AO is computed by finding the difference between a 5-period Simple Moving Average (Isikolo sebanga eliphezulu) kanye nesilinganiso se-Moving average esingu-34-elula (Isikolo sebanga eliphezulu). Noma kunjalo, unlike most moving average lines which are based on the close of each bar, the AO bases its computation on the median of each candle.

The difference between the two SMA lines are then plotted as histogram bars. The color of the bars also changes to indicate the strengthening or weakening of the trend. Imigoqo eluhlaza okotshani ikhombisa ukuthambekela kwe-bullish okuqinisayo, kuyilapho amabha abomvu abonisa ukuthambekela okubuthakathaka kwe-bullish. Ngokwesinye isandla, imigoqo ebomvu engalungile ikhombisa ukuthambekela kwe-bearish okuqinisayo, kuyilapho amabha aluhlaza angemahle abonisa ukuthambekela kwe-bearish eba buthaka.

Isu Lokuhweba

This trading strategy is a trend following strategy which is based on retracements and breakouts of minor support or resistance lines. It also makes use of the indicators above to identify trend direction, potential retracement level, and confirm the resumption of the trend.

I- 50 Exponential Moving Average (UMAMA) line and the Trend Magic indicator is used to identify the main trend direction based on how the two lines are stacked.

The Trend Magic indicator is used to identify trend direction based on the color of its line. Price action should also generally stay on the side of the line which agrees with the direction of the trend.

Price should retrace towards the Trend Magic line. Njengoba intengo ibuyela emuva, a minor support or resistance line should be formed.

Price should then breakout from the minor support or resistance line in the direction of the trend. The AO should also agree with the resumption of the trend based on whether it is positive or negative and its color.

Izinkomba:

  • Trend Magic
  • 50 UMAMA
  • Awesome

Isikhathi Esikhethwayo Uhlaka: 30-umzuzu, 1-ihora namashadi wehora-4

Amabili Wemali: Ama-FX majors, abancane neziphambano

Izikhathi Zokuhweba: Tokyo, Amaseshini aseLondon naseNew York

Thenga ukusethwa kwezohwebo

Ukungena

  • The Trend Magic line should be above the 50 Umugqa we-EMA.
  • The Trend Magic line should be blue.
  • The AO bars should be positive.
  • Price should retrace towards the Trend Magic line.
  • A minor resistance line should be formed.
  • Price should break above the minor resistance line.
  • The AO should change to green.
  • Faka i-oda lokuthenga ekuqinisekisweni kwale mibandela.

Misa Ukulahlekelwa

  • Setha ukulahleka kokuma ekusekelweni ngezansi kwekhandlela lokungena.

Phuma

  • Setha target azithathe inzuzo ngesikhathi 2x ingozi ekulahlekeni stop.

I-Trend Magic Continuation Forex Trading Strategy

I-Trend Magic Continuation Forex Trading Strategy 2

Thengisa ukusethwa kwezohwebo

Ukungena

  • The Trend Magic line should be below the 50 Umugqa we-EMA.
  • The Trend Magic line should be red.
  • The AO bars should be negative.
  • Price should retrace towards the Trend Magic line.
  • A minor support line should be formed.
  • Price should break below the minor support line.
  • The AO should change to red.
  • Faka i-oda lokuthengisa ekuqinisekisweni kwale mibandela.

Misa Ukulahlekelwa

  • Setha ukulahleka kokuma ekumelaneni ngenhla kwekhandlela lokungena.

Phuma

  • Setha target azithathe inzuzo ngesikhathi 2x ingozi ekulahlekeni stop.

I-Trend Magic Continuation Forex Trading Strategy 3

I-Trend Magic Continuation Forex Trading Strategy 4

Isiphetho

This trading strategy is a simple trend following strategy which is based on the concept of trading on retracements towards a dynamic support or resistance line. Confirming trade setups based on a breakout from a minor support or resistance line also makes it a very effective trading strategy. Phezu kwalokho, momentum is also confirmed through the use of the AO. This combination makes this strategy very effective in delivering high probability trade setups.

Traders can tweak the risk-reward ratio based on their risk appetite. Getting this right is crucial for having a profitable trading strategy.


Imiyalo Yokufakwa Kwamasu Okuhweba Forex

Trend Magic Continuation Forex Trading Strategy is a combination of Metatrader 4 (MT4) inkomba(s) kanye nesifanekiso.

Ingqikithi yaleli qhinga le-forex ukuguqula imininingwane yomlando onqwabelene nezimpawu zokuhweba.

Trend Magic Continuation Forex Trading Strategy provides an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Ngokusekelwe kulolu lwazi, Abadayisi bangathatha ukunyakaza kwentengo okuqhubekayo futhi balungise leli su ngokufanele.

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How to install Trend Magic Continuation Forex Trading Strategy?

  • Download Trend Magic Continuation Forex Trading Strategy.zip
  • *Kopisha amafayela we-mq4 nama-ex4 ku-Directory yakho ye-Metatrader / ochwepheshe / izinkomba /
  • Kopisha ifayela le-tpl (Isifanekiso) ku-Directory yakho ye-Metatrader / izifanekiso /
  • Qala noma qala kabusha iKlayenti lakho leMetatrader
  • Khetha Ishadi nesikhathi esibekiwe lapho ufuna ukuhlola isu lakho le-forex
  • Qhafaza kwesokudla kushadi lakho lokuhweba bese uqhubeka “Isifanekiso”
  • Move right to select Trend Magic Continuation Forex Trading Strategy
  • You will see Trend Magic Continuation Forex Trading Strategy is available on your Chart

*Qaphela: Akuwona wonke amasu we-forex eza namafayela we-mq4 / ex4. Amanye amathempulethi asevele ahlanganisiwe nezinkomba zeMT4 ezivela kuMetaTrader Platform.

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