Magic FX Strategy - best forex trading system for mt4

 

Time Frame        :               15 minutes and above.

Indicators used in Magic FX trading system / strategy

• Magic Fx Formula
• MACD 2Line
• Moving Average (EMA 21 and EMA 11)

 

Buy (Long) Entry: Magic Fx Formula is Blue line, MACD 2Line is above 0 and 11 EMA > 21 EMA.

Stop Loss             : Previous Low of the entry Candle.

Take Profit          : Open or exit when ema 11 crosses ema 21

Sell (Short) Entry: Fx Formula is Red line, MACD 2Line is below 0 and 11 EMA < 21 EMA.

Stop loss              : Previous High of the entry Candle.

Take profit          : Open or exit when ema 11 crosses ema 21.

Downloadable file Magic FX Strategy.rar contains 

Magic Fx Formula.ex4, 

Magic Fx Formula.mq4, 

MACD 2Line.ex4, 

MACD 2Line.mq4 

and Magic Fx.tpl

 

Free Download Magic FX trading system

 

How to install Magic FX trading system in forex trading platform metatrader 4?

• Extract the downloaded Magic FX Strategy.rar.rar.
• Go to “File menu” in Mt4 trading platform and click “open data folder”.
• Open templates folder and paste the Magic Fx.tpl file.
• Open Mql4 folder and open the indicators folder. Now paste the Magic Fx Formula.ex4, Magic Fx Formula.mq4, MACD 2Line.ex4 and MACD 2Line.mq4 files into indicators folder and restart the MetaTrader 4.