{"id":9003,"date":"2022-07-26T00:00:10","date_gmt":"2022-07-26T00:00:10","guid":{"rendered":"http:\/\/157.90.237.26\/tradeadvicer\/?post_type=product&#038;p=9003"},"modified":"2023-08-06T13:26:28","modified_gmt":"2023-08-06T13:26:28","slug":"magic-plus-indicator-robot-dashboard","status":"publish","type":"product","link":"https:\/\/traderadvicer.nextwebpro.com\/?product=magic-plus-indicator-robot-dashboard","title":{"rendered":"Magic Plus Indicator &#038; Robot Dashboard"},"content":{"rendered":"<p><strong>Magic Plus\u00a0 MT4\u00a0Indicator<\/strong>\u00a0\u00a0<strong>&amp;<\/strong>\u00a0\u00a0<strong>Magic Plus Robot\u00a0Dashboard<\/strong><\/p>\n<p>displays buy sell\u00a0<strong>arrow<\/strong>\u00a0signals in the main chart. It can be used confirmation of trading entries or exits.<\/p>\n<p>trend reversals happen all the time. As long as there are trends, there will always be reversals. Many trend and trend reversal trading tools and strategies depend on this simple concept. It\u2019s now only a matter of how a trader can use the right tools to catch the reversals and trade the trends. The\u00a0<strong>Magic Plus\u00a0 indicator<\/strong>\u00a0is\u00a0 reversal trading indicators . it has some unique features that make it different from other forex trend reversal indicators.<\/p>\n<h2><strong>What Is The Magic Plus Indicator?<\/strong><\/h2>\n<p>It tells when the trend has turned from an uptrend to a downtrend, or from a downtrend to an uptrend. It gives its signals in the form of blue and red arrows, each followed by wavy horizontal lines. The blue arrow marks the beginning of an uptrend while the red arrow signifies a market reversal to the downtrend.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-medium wp-image-9004\" src=\"http:\/\/157.90.237.26\/tradeadvicer\/wp-content\/uploads\/2022\/07\/MagicPlusIndicator_480x480-400x189.webp\" alt=\"\" width=\"400\" height=\"189\" srcset=\"https:\/\/traderadvicer.nextwebpro.com\/wp-content\/uploads\/2022\/07\/MagicPlusIndicator_480x480-400x189.webp 400w, https:\/\/traderadvicer.nextwebpro.com\/wp-content\/uploads\/2022\/07\/MagicPlusIndicator_480x480-430x203.webp 430w, https:\/\/traderadvicer.nextwebpro.com\/wp-content\/uploads\/2022\/07\/MagicPlusIndicator_480x480-150x71.webp 150w, https:\/\/traderadvicer.nextwebpro.com\/wp-content\/uploads\/2022\/07\/MagicPlusIndicator_480x480.webp 480w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/p>\n<p>There is another feature\u00a0that is not obvious at a first glance. This feature is the white square that appears when the indicator is suggesting a temporary or potential reversal.<\/p>\n<iframe  id=\"_ytid_46416\"  width=\"800\" height=\"450\"  data-origwidth=\"800\" data-origheight=\"450\" src=\"https:\/\/www.youtube.com\/embed\/jQDMLSnlOS8?enablejsapi=1&autoplay=0&cc_load_policy=0&cc_lang_pref=&iv_load_policy=1&loop=0&rel=1&fs=1&playsinline=0&autohide=2&theme=dark&color=red&controls=1&disablekb=0&\" class=\"__youtube_prefs__  no-lazyload\" title=\"YouTube player\"  allow=\"fullscreen; accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen data-no-lazy=\"1\" data-skipgform_ajax_framebjll=\"\"><\/iframe>\n<p>This indicator includes\u00a0\u00a0<strong>MAGIC PLUS DASHBOARD<\/strong><br \/>\nWhat is it ?<br \/>\nIt is\u00a0<strong>ROBOT<\/strong>, you can see all features in the bellow video:<\/p>\n<iframe  id=\"_ytid_54776\"  width=\"800\" height=\"450\"  data-origwidth=\"800\" data-origheight=\"450\" src=\"https:\/\/www.youtube.com\/embed\/VOS9gik5MPc?enablejsapi=1&autoplay=0&cc_load_policy=0&cc_lang_pref=&iv_load_policy=1&loop=0&rel=1&fs=1&playsinline=0&autohide=2&theme=dark&color=red&controls=1&disablekb=0&\" class=\"__youtube_prefs__  no-lazyload\" title=\"YouTube player\"  allow=\"fullscreen; accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen data-no-lazy=\"1\" data-skipgform_ajax_framebjll=\"\"><\/iframe>\n<h4><strong>The major flaw of the Magic plus indicator<\/strong><\/h4>\n<p>Many traders have had their shares of frustration from trying to use the indicator to catch the beginning of reversals, and you can\u2019t blame them for trying. If you back test the indicator, you will find that the bullish and bearish signals are right at the lowest or topmost pivot points of major trend reversals. See an example in the image below. You\u2019ll notice that price seems to reverse as soon as the arrow appears.<\/p>\n<p>On testing the indicator on a live market, however, you will find out that the bullish or bearish signals only appear after the market has completed a reversal. The reversal arrow appears on the chart only when the reversal has been confirmed. This shows that the Magic Plus reversal indicator lags.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-medium wp-image-9005\" src=\"http:\/\/157.90.237.26\/tradeadvicer\/wp-content\/uploads\/2022\/07\/MagicPlusIndicator-3_480x480-400x266.webp\" alt=\"\" width=\"400\" height=\"266\" srcset=\"https:\/\/traderadvicer.nextwebpro.com\/wp-content\/uploads\/2022\/07\/MagicPlusIndicator-3_480x480-400x266.webp 400w, https:\/\/traderadvicer.nextwebpro.com\/wp-content\/uploads\/2022\/07\/MagicPlusIndicator-3_480x480-430x286.webp 430w, https:\/\/traderadvicer.nextwebpro.com\/wp-content\/uploads\/2022\/07\/MagicPlusIndicator-3_480x480-150x100.webp 150w, https:\/\/traderadvicer.nextwebpro.com\/wp-content\/uploads\/2022\/07\/MagicPlusIndicator-3_480x480.webp 480w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/p>\n<h3><strong>Trade Management<\/strong><\/h3>\n<p>For each of the trading strategies up there, the best way to set your take profits is to set price targets. Don\u2019t wait till any of the indicators give an opposing signal before you exit the trade.<\/p>\n<p>And when you want to set your stop losses, don\u2019t forget to not risk more than you can afford to lose. A rule of thumb is to not risk over 2% of your capital on a trade. With that at the back of your mind, you may then use any method you\u2019re familiar with to set your stop loss.<\/p>\n<p>The good thing about the Magic Plus indicator is that once it draws its wavy lines, price rarely crosses over to the other side. You may use this to set your stop losses too, but it might not always give you palatable risk to rewards ratios.<\/p>\n<h2><strong>Who Is The Magic Plus Indicator Best For?<\/strong><\/h2>\n<p>The Magic Plus indicator is best for intermediate and professional forex traders.<\/p>\n<p>Beginner forex traders who understand what lagging forex indicators are and know how to trade them may use the indicator as well, but with caution. To get the best out of this indicator, they may first need to know how to identify forex trend reversals.<\/p>\n<p>Also, the Magic Plus indicator is best for trend and trend reversal traders.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Magic Plus\u00a0 MT4\u00a0Indicator\u00a0\u00a0&amp;\u00a0\u00a0Magic Plus Robot\u00a0Dashboard displays buy sell\u00a0arrow\u00a0signals in the main chart. It can be used confirmation of trading entries<\/p>\n","protected":false},"featured_media":9006,"comment_status":"open","ping_status":"closed","template":"","meta":[],"product_brand":[],"product_cat":[22],"product_tag":[71],"class_list":{"0":"post-9003","1":"product","2":"type-product","3":"status-publish","4":"has-post-thumbnail","6":"product_cat-indicators","7":"product_tag-magic-plus-indicator-robot-dashboard","9":"first","10":"instock","11":"sale","12":"shipping-taxable","13":"purchasable","14":"product-type-simple"},"_links":{"self":[{"href":"https:\/\/traderadvicer.nextwebpro.com\/index.php?rest_route=\/wp\/v2\/product\/9003","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/traderadvicer.nextwebpro.com\/index.php?rest_route=\/wp\/v2\/product"}],"about":[{"href":"https:\/\/traderadvicer.nextwebpro.com\/index.php?rest_route=\/wp\/v2\/types\/product"}],"replies":[{"embeddable":true,"href":"https:\/\/traderadvicer.nextwebpro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9003"}],"version-history":[{"count":1,"href":"https:\/\/traderadvicer.nextwebpro.com\/index.php?rest_route=\/wp\/v2\/product\/9003\/revisions"}],"predecessor-version":[{"id":9007,"href":"https:\/\/traderadvicer.nextwebpro.com\/index.php?rest_route=\/wp\/v2\/product\/9003\/revisions\/9007"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/traderadvicer.nextwebpro.com\/index.php?rest_route=\/wp\/v2\/media\/9006"}],"wp:attachment":[{"href":"https:\/\/traderadvicer.nextwebpro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9003"}],"wp:term":[{"taxonomy":"product_brand","embeddable":true,"href":"https:\/\/traderadvicer.nextwebpro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fproduct_brand&post=9003"},{"taxonomy":"product_cat","embeddable":true,"href":"https:\/\/traderadvicer.nextwebpro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fproduct_cat&post=9003"},{"taxonomy":"product_tag","embeddable":true,"href":"https:\/\/traderadvicer.nextwebpro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fproduct_tag&post=9003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}