The Trend Magic Indicator is a popular, free forex MT4 indicator that uses a combination of moving averages and filters to identify the trend direction and potential trade opportunities. The indicator appears as a line that changes color according to the current trend direction. The green color indicates a bullish trend, while the red color indicates a bearish trend. It is simple to use and can be a valuable tool for traders to identify potential entry and exit points in the market.
- Author fx
- Creation date
More resources from fx
-
MT4 Sweet Spots Gold Tro Modified VersionIdentify key support and resistance “sweet spots” for smarter trades. -
MT4 Candle Body SizeGauge market strength and anticipate moves by analyzing candle body sizes. -
MT4 Awesome Accelerator TickerTrack market momentum and acceleration to catch trends early. -
MT4 Maksigen KahajiTrade trends and momentum confidently with Maksigen Kahaji signals. -
MT4 Pattern Recognition Master V3Get detailed candle bar insights to trade with clarity and confidence.