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Price: $9.00

Expert: smMagicGator EA_v1.1.ex4 (Unlocked), Indicators: smPriceBoat Signals_v1.0.ex4, smMagicGator Signals_v1.2.ex4, smAverageTrueRange_v4.ex4, Template: PriceBoat.tpl, NO MANUAL.

Indicator Overview: For Relaxed D1/H4 Traders

This custom indicator is designed specifically for experienced or laid-back traders who prefer higher timeframes like D1 and H4, rather than fast-paced scalping. That said, adventurous users can still apply it to H1, M30, or M15 — but do so at your own discretion and health risk!

⚠️ Note: The indicator is currently under active development, with more features planned for future releases.

Core Features:

• Trend-Aligned Trading Levels:
  Automatically calculates trading levels based on the trend direction, with spacing determined by Factor × ATR. These levels can be used effectively for Take Profit (TP) planning.

• Color-Coded Moving Averages:

  • Fast MA changes color depending on the position of Close MA relative to Open MA — visually highlighting trend shifts.

  • Slow MA reflects overall trading direction based on the closing price of the bar.

Suggested Basic Strategy:

• SL & TP = Factor × ATR — A simple yet effective rule.

• Hedge Option:
  After a drawdown of -0.50 × Factor ATR, initiate a hedge with 2 lots. This can either neutralize the loss or allow you to accept it, depending on price movement.
  An EA is in development to automate and analyze this tactic — to be released soon.

• Breakeven Trigger:
  Set your trade to break even at +0.50 × Factor ATR. While this can sometimes protect profits, its effectiveness depends on market conditions.

• Optional Trailing Stop:
  Trailing stop functionality is compatible, and you may find inspiration from the “FX Mantra” indicator (search online). A custom trailing version of this will also be released later.

Key Benefits:

• Suited for calm, long-term trading styles

• Clean and informative trend direction display

• Customizable SL/TP logic based on ATR

• Future-ready: Additional improvements and EA integration planned

For the “Draw Patterns” parameter we have:

Signals for “Fractal Pattern (1×1)”

Signals for “Smash Bar Pattern”

Signals for “Reversal Bar Pattern (Magic100)”

Signals for “All Patterns”