Buy Sell Magic Indicator for MetaTrader 4 Download – Free – [TradingFinder]

The Buy Sell Magic Indicator is a multipurpose indicator for identifying price trend fluctuations, trade entry, and exit. This MT4 signal and forecasting indicator generates entry and exit signals using arrow markers based on its internal calculations.

The Buy Sell Magic Indicator also creates a zigzag line, displaying trend legs without price noise.

Buy Sell Magic Indicator Specifications Table

The table below describes elements such as the trading market, suitable time frame, and more for using the Buy Sell Magic Indicator:

Buy Trading Signal

Analyzing the USD/CAD currency pair in the 1-hour time frame illustrates how the indicator functions in an uptrend.

The image below shows a green arrow indicating a buy entry signal. Moreover, the formation of points below the candles confirms the bullish trend.

Sell Trading Signal

A red arrow on Binance Coin's (BNB) one-hour chart signals a sell entry. The ongoing trend is bearish as long as continuous points appear above the candles.

Buy Sell Magic Indicator Settings

The settings for the Buy Sell Magic Indicator are illustrated in the image below:

• Period: Calculation period of the indicator
• Deviation: Adjusting the sensitivity of buy and sell signals
• Stop Loss Points: Setting the stop loss distance from the entry point
• Alerts ON: Enabling buy and sell signal alerts
• Alert Email ON: Activating alerts via email
• Lookback: Defining the number of past candles for analysis

Conclusion

The Buy Sell Magic Indicator is one of the signal generating indicators for trade entries and exits.

This MT4 Levels indicator creates a safe zone for stop loss placement by forming continuous points above and below the candles.

Additionally, this indicator is equipped with a zigzag line, presenting trend movement legs without price noise.