Magnetic Cloud
Magnetic Cloud
It's very simple to use, when the candles close above the Magnetic Cloud that means that you can take a long position, and let it run until it touch the cloud again.
When the candles are closing in the cloud this is the signal that you can open a short position, and let it run until the candles get out of the cloud.
The Magnetic Cloud is based on a ATR - RSI function.
The default setting are 7 for the ATR and 7 for the RSI.
Higher High & Lower Low
incorparate in this Higher High and Lower Low signal working on right bars and left bars.
The default settings for the both are on 5.
Abnormal Pin Bar
The abnormal pin bar signals are based on a rejection candle 2.2 times with a 20 moving average volume breakout condition.
When all theses conditions are join together a little circle above or below the candle will appear to give you the signal.
They are realy powerful when you use them with our Fibonacci.
PullBacks
The Pullbacks are constitued by 3 to 6 consecutive candles in the same direction followed by a bearish or bullish engulfing candle.
The Signal will be identify by a triangle up or down.
Auto Trend Lines
The Auto Trend lines are working on the HH and LL pivot, you can change the settings to identify bigger or smaller patterns.
The default settings are for the short range (5) and for the long range (3)
They are really powerful to identify wedge or raising wedge as like descending or ascending traingles.
Auto Fibonacci
This Fibonacci is my secret sauce, if you know how to use it, you will most of the time hit your target.
The retracement Fibonacci is working on 2 Days High and Low Pivot.
Candle hit Level 1 Fibs, Pullback to 0.382 area = Target 1.272 Fibs
Candle hit Level 1 Fibs, Pullback to 0.618 area = Target 1.618 Fibs
Auto Zig Zag Reversal
The Auto Zig Zag are really nice to identify strong reversal they are working on the depth of the market like the deviation.
The default settings for the Depth and the Deiviation are (2) for the both.
It's very simple to use, when the candles close above the Magnetic Cloud that means that you can take a long position, and let it run until it touch the cloud again.
When the candles are closing in the cloud this is the signal that you can open a short position, and let it run until the candles get out of the cloud.
The Magnetic Cloud is based on a ATR - RSI function.
The default setting are 7 for the ATR and 7 for the RSI.
Higher High & Lower Low
incorparate in this Higher High and Lower Low signal working on right bars and left bars.
The default settings for the both are on 5.
Abnormal Pin Bar
The abnormal pin bar signals are based on a rejection candle 2.2 times with a 20 moving average volume breakout condition.
When all theses conditions are join together a little circle above or below the candle will appear to give you the signal.
They are realy powerful when you use them with our Fibonacci.
PullBacks
The Pullbacks are constitued by 3 to 6 consecutive candles in the same direction followed by a bearish or bullish engulfing candle.
The Signal will be identify by a triangle up or down.
Auto Trend Lines
The Auto Trend lines are working on the HH and LL pivot, you can change the settings to identify bigger or smaller patterns.
The default settings are for the short range (5) and for the long range (3)
They are really powerful to identify wedge or raising wedge as like descending or ascending traingles.
Auto Fibonacci
This Fibonacci is my secret sauce, if you know how to use it, you will most of the time hit your target.
The retracement Fibonacci is working on 2 Days High and Low Pivot.
Candle hit Level 1 Fibs, Pullback to 0.382 area = Target 1.272 Fibs
Candle hit Level 1 Fibs, Pullback to 0.618 area = Target 1.618 Fibs
Auto Zig Zag Reversal
The Auto Zig Zag are really nice to identify strong reversal they are working on the depth of the market like the deviation.
The default settings for the Depth and the Deiviation are (2) for the both.
Release Notes:
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Release Notes:
I just have add two ema that i am using to identify the trend you can use them in symbiosis with the Magnetic Cloud.
First EMA 9 close
Second EMA 14 hl2
First EMA 9 close
Second EMA 14 hl2