Buy Sell Magic Forex/binary Options Mt4 Indicator

For simple buy and sell signals, the Buy Sell Magic indication is the ideal MT4 indicator. Download it for free. Trend reversal detector with high accuracy

Using various indicators to trade can be perplexing at times. It's difficult to master all of the lines, colours, and numbers. Fortunately, you can simplify Forex trading with just one indicator. The Buy Sell Magic indication is presented to you.

The Buy Sell Magic indicator is a combination of three indicators and a custom price action filter for Metatrader 4. There are no distracting bands, histograms, or lines on it. Only non-repaint arrows that indicate when to buy and sell are included. It also provides adequate escape points in addition to the entry sites. As a result, it is appropriate for both new and experienced traders.

During the London and New York sessions, when the market is more volatile, the Buy Sell indication is ideal for smaller time frames (M1, M5, M15, M30). You can use it to trade any currency pair, which is the finest part. However, the indicator should not be used on holidays or during important economic news.

How To Trade Using Buy Sell Magic Forex/binary Options Mt4 Indicator

Buy Signal

A green arrow appears on the indicator, indicating that it is time to enter a long position. A screen notice appears to guarantee that the signal is identified in real time. The best thing is that the indicator automatically determines your stop loss. All you need to do now is fill out the order form. You can also put your stop loss slightly below the grey dotted line.

What is the best place to exit the trade? So, you use the 3:1 reward ratio to set the take profit. To put it another way, you can choose your own profit target, such as 50/100 pips. You can also wait for the indicator to give a negative signal before exiting the buy position.

Sell Signal

When the indicator shows a red arrow and a sell alert, open a short trade. A reasonable sale halt is also displayed in the pop-up notice. You can also position your stop loss just above the dotted line for a tighter stop loss. If you're not sure how to establish your own take profit, simply exit when the indicator signals a purchase/buy

For basic and straightforward trading, the Buy Sell Magic indicator for MT4 is an excellent technical analysis tool.

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