INSTANT DOWNLOAD!
Price: $9.00
Indicators: Flat Trend RSI.ex4, Trend Magic.ex4 (Unlocked MT4 Build 1430+), Template: TMRSI.tpl, NO MANUAL.
Buy Trade Setup Guide
Entry Conditions
To initiate a buy trade, wait for the following conditions to align:
Trend Confirmation: The price must break above the Trend Magic indicator line, signaling potential bullish momentum.
Candle Strength: A strong bullish candle (with clear upward momentum) should appear to support the breakout.
Trend Magic Signal: The Trend Magic line should turn blue, indicating a shift toward a bullish trend.
RSI Filter Confirmation: The RSI Filter must shift from negative to positive bars, confirming a momentum-based bullish reversal.
Confluence Required: All the above signals should occur closely together to validate the trade setup.
✅ Enter a Buy Trade once all conditions are met.
Stop Loss Placement
Place the stop loss just below the nearest support level, preferably beneath the low of the entry candle.
This helps protect your trade while giving the market room to breathe.
Exit Rules
Close the trade immediately if either of these signals appear:
The Trend Magic line turns red, indicating a possible trend reversal.
The RSI Filter bars shift back to negative, signaling weakening bullish momentum.
🔻 Sell Trade Setup Guide
📥 Entry Conditions
To open a Sell Trade, make sure the following bearish conditions are clearly present:
Trend Break: Price must drop below the Trend Magic line, signaling potential downward momentum.
Candle Confirmation: A strong bearish candle should form, confirming selling pressure.
Trend Magic Signal: The Trend Magic line turns red, indicating a bearish trend shift.
RSI Filter Confirmation: The RSI Filter switches from positive to negative bars, suggesting bearish momentum is building.
Signal Alignment: All of the above signals should occur within close proximity to ensure reliable confluence.
✅ Enter a Sell Trade when these conditions align.
🛑 Stop Loss Placement
Place your stop loss just above the nearest resistance level, ideally just above the high of the entry candle.
This helps reduce risk while giving the trade enough room to develop.
🔚 Exit Conditions
Exit the trade if either of the following happens:
The Trend Magic line turns blue, signaling a possible bullish reversal.
The RSI Filter starts printing positive bars, indicating weakening bearish momentum.