Magic Wave 2 Arrow Indicator: Open/Close Prices + Envelopes Boundaries

Magic Wave 2 Arrow Indicator - Another development by a forexsystemsru.com forum user with the nickname Crossluck.

The Magic Wave 2 arrow indicator is based on Open/Close prices and Envelopes indicator boundaries with the possibility of its settings.

Magic Wave 2 Arrow Indicator
Magic Wave 2 Arrow Indicator

In addition to the graphical display of signals to the input, the indicator implements an audio alert, as well as sending a message to your smartphone and e-mail.

Optimal timeframe to use the indicator Magic Wave 2, according to its author - H4. The indicator signals do not redraw.

The author of the Magic Wave 2 arrow indicator recommends, and our experts agree with his opinion, not to use it as an independent source of trading signals. In addition, we recommend to use its signals only in the direction of the current trend, because against the trend the indicator can give false signals.

You can discuss the work of the indicator, as well as ask questions to its author in on this topic.

Download the Magic Wave 2 arrow indicator

Other popular indicators

Solomon Arrow Indicator
Solomon Arrow Indicator: a promising proprietary design
Borders" trend indicator
Trend Indicator "Borders": Profitable Trend Trading
 TVI 2 turn indicator
TVI 2 indicator to detect price reversals

Leave a Reply

Back to top button