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Buy Sell Magic Indicator for MetaTrader 5 Download - Free - [TradingFinder]

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MetaTrader4

MetaTrader5

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Buy Sell Magic Indicator for MetaTrader 5 Download - Free - [TradingFinder]
Buy Sell Magic Indicator for MetaTrader 5 Download - Free - [TradingFinder] 0
Buy Sell Magic Indicator for MetaTrader 5 Download - Free - [TradingFinder] 1
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The Buy Sell Magic Indicator is designed to display trend direction and issue buy and sell signals.

This MT5 signal and forecasting indicator analyzes market data and utilizes graphical markers to generate trade entry and exit points. Additionally, it employs a zigzag line to simplify trend visualization.

Buy Sell Magic Indicator Specification Table

The table below outlines the features and specifications of the Buy Sell Magic Indicator:

Category

Signal and Forecasting - Trading Tool – Levels and Zones

Platform

MetaTrader 5

Skill Level

Beginner

Type of Trading Tool

Reversal – Continuation

Time Frame

Multi time frame

Trading Style

Fast Scalping - Scalping – Intraday Trading

Trading Market

All Markets

Buy Trade Signal

Based on the 30-minute EUR/USD currency pair chart, the Buy Sell Magic Indicator has issued a buy trade signal using a green arrow.

Additionally, the area below the blue dots serves as an ideal region for placing a Stop Loss.

Buy Sell Magic Indicator Analyzing an Uptrend
Buy Sell Magic Indicator Performance in an Uptrend

Sell Trade Signal

By the 1-hour chart of Ethereum (ETH), the Buy Sell Magic Indicator marks the sell entry point with a red arrow.

Furthermore, the formation of consecutive red dots above the candles confirms a downtrend.

Buy Sell Magic Indicator in a Downtrend
Sell Signal Issued by the Buy Sell Magic Indicator

Buy Sell Magic Indicator Settings

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

Buy Sell Magic Indicator Settings Window
Customizable Parameters in the Buy Sell Magic Indicator
  • 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 features non-repaint arrows, effectively identifying buy and sell opportunities.

This MT5 trading assist indicator provides entry signals and suggests optimal exit points. The indicator also supports email alerts, informing traders of potential trading opportunities.

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FAQs

How can I recognize a buy signal?

A green arrow appearing on the chart indicates a buy trade entry signal.

How does the Buy Sell Magic Indicator analyze market trends?

The indicator uses a zigzag line and signal dots to illustrate the market trend.

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