Strong Trends with Magic Entries Alerter

Unlimited Strong Trends with Magic Entries Alerter 1.0

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Strong Trends with Magic Entries Alerter makes professional trading besides your day job possible! It uses the indicator of the system "Strong Trends With Magic Entries" and gives you a dashboard overview of the current market condition of up to 30 trading instruments and up to 8 timeframes.

With this trading solution you will have to invest only 10 minutes of your time per day and you will be able to trade professionally!

See what happy users of the indicator are saying about their success, and you will meet them all in the telegram group :)

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Read all details about the 500% profit within 3 months by our member Vicaas!

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The following screenshot shows the alerter:

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Professional Trading: Top-Down Approach

The alerter for the system "Strong Trends With Magic Entries" enables you to trade a professional top-down approach with only a few minutes effort per day. You will even be able to trade from your workplace, because you can receive high probability entry signals on your mobile phone via email and push-notification.

Professional trading should always look like this:...An edge from a bigger picture setup in combination with an edge of a signal in direction of the bigger picture.

With a top-down approach your winners will be bigger on average and you will have a much higher winning percentage!

And the alerter presented here is created exactly for this trading approach!

Top-Down Approach: Trend Continuation

A professional top-down approach is to trade a continuation of a trend which are visible on the time frames H4/D1. You can draw a trend line on H4/D1 and then trade the bounce from this trend line.

If the bounce from the trend line is strong enough then it can produce a "Strong Trends With Magic Entries"-Setup on the lower time frames M1/M5/M15/M30.

All you have to do is to find a strong trending instrument on H4/D1 and draw a trend line. Once the price comes near to the trend line you have to configure the alerter to give MagicEntry-signals in direction of the bounce away from the trend line.

The procedure of checking 30 instruments for trend lines on H4/D1 and then activating the alerter for signals in direction of the bounce from the trend lines takes only 10 minutes and you have to do it only once per day. The alerter will then check the instrument / time frames for you and send you emails and push-notifications in real-time if signals occur.

Example for a long setup:

1. You draw a rising trend line e.g. EURUSD on H4 and then during your daily 10minutes-checking-routing you see that the price is now approaching the trend line:

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2. Because the pullback phase of the bigger trend (visible on H4/D1) is a downward trend on the lower time frames (M1 - M30) you will most probably see a red squares in the alerter-dashboard on EURUSD M1-M30 while the price is moving downward towards the rising trend line:

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3. Now you can configure the alerter to give you signals if a "Strong Trend With Magic Entry"-Setup occurs on the time frames M1 - M30. You can do that by clicking on the L-button of the appropriate time frames. The L-buttons will turn green after they were pressed as shown in the following screenshot:

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4. Now you can let the charts alone and do whatever you want. The alerter will send you alerts via email or push-notifications as soon as a "Strong Trend With Magic Entry"-Setup on M1 - M30 in direction of the trend line occurs. If you get an alert then you should check that it is preferable near the trend line. Then you will have a big profit potential to the upside.

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5. After you received a signal you have to check the signal time frame if the price move and the indicator values show the necessary characteristics of a "Strong Trend With Magic Entry"-Setup. If everything looks according to the rules, then you can enter into a high probability and high profit potential setup:

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Example for a short setup:

1. You draw a descending trend line on e.g. USDCHF on H4 and then during your daily 10minutes-checking-routing you see that the price is now approaching the trend line:

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2. Because the pullback phase of the bigger trend (visible on H4/D1) is an upward trend on the lower time frames (M1 - M30) you will most probably see a green squares in the alerter-dashboard on USDCHF M1-M30 while the price is moving downward towards the rising trend line:

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3. Now you can configure the alerter to give you signals if a "Strong Trend With Magic Entry"-Setup occurs on the time frames M1 - M30. You can do that by clicking on the S-button of the appropriate time frames. The S-buttons will turn red after they were pressed as shown in the following screenshot:

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4. Now you can let the charts alone and do whatever you want. The alerter will send you alerts via email or push-notifications as soon as a "Strong Trend With Magic Entry"-Setup on M1 - M30 in direction of the trend line occurs. If you get an alert then you should check that it is preferable near the trend line. Then you will have a big profit potential to the downside.

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5. After you received a signal you have to check the signal time frame if the price move and the indicator values show the necessary characteristics of a "Strong Trend With Magic Entry"-Setup. If everything looks according to the rules, then you can enter into a high probability and high profit potential setup:

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There are many more top-down approaches that you can trade with the alerter
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IMPORTANT INFORMATION: You need to purchase the system "Strong Trends With Magic Entries" too because the alerter calls the indicator of the system.

Top-Down Approach: Divergence Reversal

Another professional top-down approach is to trade a trend reversal of a trend that is visible on H4/D1. The trend reversal is signaled by a MACD-Divergence long before the reversal finally occurs.

This early signaling gives you time to configure the alerter for signaling "Strong Trends With Magic Entries"-Setups on lower time frames M1/M5/M15/M30 in direction of the divergence.

As you will see there are a lot of similarities in the process compared to the trend line trend continuation setups explained above.

The procedure of checking 30 instruments for divegences on H4/D1 and then activating the alerter for signals in direction of the divergence takes only 10 minutes and you have to do it only once per day. The alerter will then check the instrument / time frames for you and send you emails and push-notifications in real-time if signals occur.

Example for a long setup:

1. You see a bullish divergence developing on e.g. EURUSD on H4:

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2. During the downward move of the trend visible on H4 while the divergence is developing you will most probably see a red squares in the alerter-dashboard on EURUSD M1-M30:

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3. Now you can configure the alerter to give you signals if a "Strong Trend With Magic Entry"-Setup occurs on the time frames M1 - M30. You can do that by clicking on the L-button of the appropriate time frames. The L-buttons will turn green after they were pressed as shown in the following screenshot:

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4. Now you can let the charts alone and do whatever you want. The alerter will send you alerts via email or push-notifications as soon as a "Strong Trend With Magic Entry"-Setup on M1 - M30 in direction of the divergence occurs. If you get an alert then you should check that it is preferable near the low of the trend reversal. Then you will have a big profit potential to the upside.

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5. After you received a signal you have to check the signal time frame if the price move and the indicator values show the necessary characteristics of a "Strong Trend With Magic Entry"-Setup. If everything looks according to the rules, then you can enter into a high probability and high profit potential setup:

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Example for a short setup:

1. You see a bearish divergence developing on e.g. USDCHF on H4:

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2. During the upward move of the trend visible on H4 while the divergence is developing you will most probably see a green squares in the alerter-dashboard on EURUSD M1-M30:

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3. Now you can configure the alerter to give you signals if a "Strong Trend With Magic Entry"-Setup occurs on the time frames M1 - M30. You can do that by clicking on the S-button of the appropriate time frames. The S-buttons will turn red after they were pressed as shown in the following screenshot:

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4. Now you can let the charts alone and do whatever you want. The alerter will send you alerts via email or push-notifications as soon as a "Strong Trend With Magic Entry"-Setup on M1 - M30 in direction of the divergence occurs. If you get an alert then you should check that it is preferable near the high of the trend reversal. Then you will have a big profit potential to the downside.

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5. After you received a signal you have to check the signal time frame if the price move and the indicator values show the necessary characteristics of a "Strong Trend With Magic Entry"-Setup. If everything looks according to the rules, then you can enter into a high probability and high profit potential setup:

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IMPORTANT INFORMATION: You need to purchase the system "Strong Trends With Magic Entries" too because the alerter calls the indicator of the system.

To your success! And Happy trading!
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How Does The Alerter Measure The Strength Of The Trend?

If you visually check the chart for setups then you easily say if the blue and the orange line are far enough away from the price to define a valid strong trend or not. The alerter can't do that. The alerter needs to compare values and needs to have strict rules.

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To better explain how the alerter can measure the strength of the trend I will enable the black band of the indicator PTS_Trend_WithMagicEntries. You can do that by setting the parameter "showBand" to "true":

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After the parameter "showBand" is set to "true" you will see the black band (1 dotted middle line and 2 thick outer lines) on the chart. The dotted middle line is a moving average of the price. The 2 thick outer lines of the band are exactly 4 ATR (ATR = Average True Range) away from the dotted middle line, as you can see in the following screenshot:

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The alerter uses the same principle to determine the strength of the trend. The alerter measures the distance of the blue and orange line from the dotted middle line expressed in ATR too. Then it compares the measured values with the configured values. The following screenshot shows the configured values of the alerter (you can adjust these values if needed).

In the standard configuration of the alerter the blue line must be 6 ATR and the orange line 4 ATR away from the dotted middle line to define a valid strong trend:

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If we look again at the screenshot with the setup on the M15 chart then we can see that the orange line is extremely far away from the middle line (very strong) while the blue line is moving around the minimum required 6 ATR distance from the middle line. The strength of the trend is valid according to the configuration of the alerter but a distance of 7 or 8 ATR would indicate a much stronger trend. This moving around the minimum required 6 ATR can lead to the effect that the trend will be shown as strong (red square) in one iteration of the alerter (1 iteration = 1 check of all configured instruments and time frames) and in the next iteration the same trend will be shown with a grey square. This "blinking" between valid / invalid strength of trend can't be prevented in the alerter. Very strong trends will never blink :)

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The following screenshot shows the same instrument on the time frame M30. Here you can see the the blue line is very far away from the middle line (approximately 10 ATR) while the orange is moving around the minimum requirement (4 ATR) for a strong trend. In this case the "blinking" can occur because of the orange line. As you will see the best setups produced by the strongest trends will never blink ;)

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What if I see black squares on the dashboard of the alerter?

If you see black squares on the dashboard then the appropriate instrument/timeframe-combinations don't have enough candle data loaded. The system needs 3800 candles on the chart. If it can't load the necessary 3800 candles automatically during the first iteration then black squares occur.

The procedure can take some minutes, depending on how many squares you see. But the good thing is, that it has to be done only once. After enough historic candles are loaded they will stay forever.
Author
ChrisFX
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