Magic FX 1.1

Magic FX is an automated trading system that uses a channel indicator and candlestick patterns to open and close trades….Trades every day at a specific time. Follows the news, a news filter is installed in the advisor, if important news comes out, the EA does not trade….Doesn’t use grid, martingale or other dangerous money management methods.

Timeframe М5, currency pairs EURAUD, EURCAD, GBPCAD, GBPUSD

Minimum deposit 70 usd.

Live signal https://www.mql5.com/en/signals/833668

Live signal https://www.mql5.com/en/signals/907936

Demo signal https://www.mql5.com/en/signals/824287

Instructions for installing Magic FX https://Blogs Magic FX

Download the user manual https://Manual Magic FX

Download set files and tests https://Sets Magic FX

Settings EA

• Order_Comment – Order comment
• Fixed_Lot – Fixed lot
• Auto_Lot – Automatic increase of the trading lot, if 0 is not used
• Maximum_Spread – Maximum allowable spread for opening a trade
• Stop_Loss –
• Take_Profit –
• Maximum_Order – Maximum number of open trades
• Range_Points – Distance between the first and second trade
• Magic –

Channel Parameter

• Period_Channel – Channel period
• Bars_Channel – Number of bars to calculate
• Buy_Channel_1 – Channel level for buy
• Buy_Channel_2 – Channel level for buy
• Buy_Channel_3 – Channel level for buy
• Sell_Channel_1 – Channel level for sell
• Sell_Channel_2 – Channel level for sell
• Sell_Channel_3 – Channel level for sell

Patterns Parameters

• Step_Candle – The number of bars to calculate the pattern
• P_1 – Formula for calculation
• P_2 – Formula for calculation
• P_3 – Formula for calculation
• P_4 – Formula for calculation

News filter

• GMT – Time zone
• Importance_News – At what value of news the EA will not trade. Low, medium, high
• Pause_Before_News – Trading pause in minutes
• Pause_After_News – Trading pause in minutes
• Time_Start – Trade start
• Time_Stop – End of trade
• TimeEndFriday – End of trade on Friday