Secret Of Earning Huge Profits-Magic Trend Indicator

Before we go deep in magic trend indicator let us first understand the trend. Success in trading is all about making large profits and taking small losses. Stocks or any tradeable markets follow trends because it is a natural behavior of mass.

“People are inherently habituated to follow mass, this sustained following creates what is called trend”

What Is Trend In Stock Market?

Well there are numbers of answers, but the classical definition of trends from The Dow Theory is as follows:

If each successive rally tops are on the higher level and each successive bottoms of corrective moves are also on higher levels then this is said an uptrend.

Conversely, If each successive rally tops are on the lower level and each successive bottoms of corrective moves are also on lower levels then this is said a down trend.

To Know More About The Dow Theory Please Click Here

Why Magic Trend Indicator?

The Classical definition of trend requires at least two consecutive rally tops and bottoms to be established before we can correctly call the trend up or down. It also depends on the interpretation of rally tops and corrective bottoms, those can be different for traders as per their perceptions.

So ultimately you can make mistake in identifying the correct trend, or you may be late in the trade after identifying correct trend direction. So how to identify a trend without delay and good accuracy? The solution is Magic Trend Indicator.

Golden Rule Of Trading: “Let your profits run, grow to big one and cut your losses at the earliest people do exactly opposite”

What Is Magic Trend Indicator?

Magic Trend Indicator Secret of Earning Huge Profit

Secret of earning huge profit Magic Trend Indicator chart showing use and signals

It is a line overlaid on the price chart, like conventional moving average. Though it is far more fast, accurate and reliable than any other conventional trend following indicators. The calculation of indicator is based on average true range, current price direction and some complex logic. This is for keeping us in the position as long as the existing trend sustain.

How To Use Magic Trend Indicator?

Magic Trend indicator changes its color based on the direction of the trend, so if the line is light green then the trend is up and if it is red then the trend is down. The exact value of Magic Trend indicator is used as trend reversal trigger on closing basis i.e. if you are on long position and on any bar price closes below the indicator value then the indicator turns red from the next bar to indicate the reversal of trend, so trader should exit his long position and take short position at the same time. The opposite rules apply to the short positions.

We can also say that a buy signal triggers when closing price crosses above the Magic Trend line and short signal triggers when closing price crosses below the Magic Trend line. This is also indicated by the small arrow above and below the bar when a signal is triggered.

What To Trade With Magic Trend Indicator?

Magic Trend indicator is good for any type of market including stock, index, forex, commodity, ETF etc. which are most liquid and frequently trending. It is also good for any type of trading style you select ranging from intraday, swing or positional trading.

For illiquid markets where trading volume is low and when the market is non-trending. Magic Trend indicator gives frequent false signals. To know how to identify trending or sideways market watch this.

Where To Find Magic Trend Indicator?

Magic Trend indicator is not classical indicator so you won’t find it anywhere else. This is custom coded for Amibroker trading software. So it can only be used through Amibroker Trading Software only. But the good news is that Amibroker Trading Software can be used free of cost for 30 days. Hence you can check the Magic Trend indicator just by applying the Magic Trend Indicator Code in Amibroker trading software.

Get Upgraded Version Of MagicTrend Indicator For Amibroker 

To Get The Code Of Magic Trend Indicator Please Click Here


To Know How To Install Amibroker Get Started And Applying Strategy Code Click Here

Watch Live Trading With Magical Trend Indicator Signal In Amibroker In The Following Video:


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  17. Hi
    Will it work on forex and commodities charts ? If yes, is it free or for a charge ? How much is the charge

  18. sir,
    which time frame is good for intraday in magic trend in amibroker,5min,10m,15min or i/2 an hour?

  19. sir,
    which time frame is good for magic trend in amibroker,5min,10m,15min or i/2 an hour?

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  21. Dear Sir
    Request you to please include code for exploration in magic trend indicator AFL. And please let me know what ATR and Multiplier settings are best suited for what types of stocks (in terms of beta, volume, group or price range).
    Thanks in advance

    • Irsmvad, Now this is one more update that you are requesting. But you would be definitely happy with this update, now it is a more powerful tool. Watch updated Magical Trend Indicator that I have posted on this post:
      It contains the code itself in the post. Just give it one try!
      Now for the setting, it very much depends on your style and trading time frame. The default settings are for positional trend traders in the daily chart, but if you use the same setting in 5-min or 15-min it can serve for swing trading also or we can reduce the setting and keep the daily chart in place for swing trading.

  22. Sir you’re doing good job. But I’m lil bit confused. Is PHPL indicator is best or magic trend indicator for Nifty 15 min chart ..what your ami back test suggests? Which one we should test more?
    Thanks in advance

    • PHPL is mostly useful for Index like Nifty 50. It keeps you in ongoing swing.For stock, magic trend can be useful but with adjustment of parameter as per volatility. But you have to be careful for extensive period of non trending moves.Alternatively you can use Heikin Ashi Charts for swing trading. But also watch for candlestick pattern happening in normal candlestick also.
      I suggest you must watch my latest post:

  23. hello sir,

    my name is shailesh.

    watch ur regular video….. also already subscirbed ur youtube blog ….

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    in afl………also in mt4…

    if u give me thise settings for manually thise is better for me life time remember……..

    regards, 1 learner…..

    • Thanks Shailesh for comments. Magic trend indicator setting:period: 20 multiplier: 3
      Please share blogs in your social community, it will be helpful for them, if you want to support me. Thanks.

  24. Hello Sir, I have subscribed but I didn’t get magic trend indicator in my mail. Please send me sir. Thankyou

    • You can login and directly access Download page and download strategies.

      If you are still not able to download,You can try steps given in HELP page to clear your browser cache and history which may be loading past pages when you try downloading.

      If still there is any trouble please comment in the blog, I will send you the mail.

    • Please tell me if you have checked Help page in this regard. If not please click on this link:

      If you still have trouble please comment here I will just simply send you a mail for sure. But before you should try the above, for permanent solution.

    • You can login and directly access Download page and download strategies.

      If you are still not able to download,You can try steps given in HELP page to clear your browser cache and history which may be loading past pages when you try downloading.

      If still there is any trouble please comment in the blog, I will send you the mail.

    • Magic Trend is not exactly the same as Super trend, there is a big difference in its logic.

      Magic trend uses maximum profit based on H or L to define next bar trailing stop level. And this difference make it more reliable.

  25. I have subscribe to newsletter but still not able to download Magic trend indicator, can please help me out.