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Magnus PRO Trading Indicator Guide

The document provides technical details on how to use the Magnus PRO indicator for trading currencies. It describes the time frames, currency pairs, news events, and how the indicator works by highlighting volumes. It then provides examples of different signal patterns to watch for when determining when to enter buy or sell positions.

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Sooraj Suresh
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0% found this document useful (0 votes)
493 views13 pages

Magnus PRO Trading Indicator Guide

The document provides technical details on how to use the Magnus PRO indicator for trading currencies. It describes the time frames, currency pairs, news events, and how the indicator works by highlighting volumes. It then provides examples of different signal patterns to watch for when determining when to enter buy or sell positions.

Uploaded by

Sooraj Suresh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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MAGNUS PRO

MANAGEMENT
TECHNICAL CONDITIONS

time frame | 5, 15, 60 min


IMPORTANT! If you are trading on5M TF, then deal
open on1 minute, that is, on the younger TF.

TF M5 - 1 minute expiration (recommended) TF M15


- expiration 3-5 minutes TF1H - expiration 5-15
minutes

CURRENCY PAIRS | all but...

All currency pairs are suitable for trading, but it is


recommended to trade more volatile pairs, for example,
pairs withJPY,

news | do not miss


If important news came out and set the trend for the price,
these are favorable conditions for entering the direction of the
trend.The indicator will tell you exactly when to enter.
How does the indicator work?
IndicatorMagnus PRO in real time, every for a second fixes the
volumes and displays them along the vertical of the candle.Thus, you
get more information about the price movement.The indicator also
highlights the largest volumeredcolor.

Pay attention to the screenshot, we are watching3Sell signal.

Why are there signals?

1. Bearish movement.
2. As the price moved down, the price rolled back up to large volume.

3. Login toSellwhen the price rolls back up to the volume.Entrance


performed at the site of the appearance of the yellow dot.This signals
that the price has rolled back to the desired level.
BUY SIGNAL
1. Bullish trend.
2. As ascending price movements
rolled back down to a large volume.

3. Entering BUY when the price rolls


back down to volume.Entrance is at
the spawn pointyellow points.This
signals that the price has rolled back
to the desired level.

It is important to know:best of all work


out those cases when the price has a
clear trend.For example, as in this
example, there is a pronounced bullish
trend.It is in such cases, when the
price rolls back to the volume, in95%
price roll back and continue bullish
growth.Similarly for Sellsignals.
1. 5 minute TF is open.
2. We observe a bearish trend.
3. We observe a large volume on a bearish candle.
4. We are waiting for a rollback of the next 5-minute
candle to this level.
5. The indicator sends a notification about this.
6. Open a deal for 1 minute onSellfrom this level.

See hand patterns below


TEMPLATE #1

ForBuy- large (red volume) on the lower


extreme of the bullish shadow. (see
screenshot)

ForSell- large (red volume) on the upper


extreme part of the bearish shadow.
ForBuy- large (red volume) on the lower
extreme part of the bearish shadow of
the doji.

ForSell- large (red volume) on the upper


extreme of the doji's bullish shadow. (see
screenshot)

TEMPLATE #2
TEMPLATE #3

ForBuy- large (red volume) props up the


price from below close to the opening of a
bullish candle. (See screenshot)

ForSell- large (red volume) props up the


price close to the top at the opening of a
bearish candle.
TEMPLATE #4
This pattern is characterized by dense volume.This can be
seen in the closely spaced volumes from each other.The
denser the volume, the lighter it is.Often such volume acts
as strong resistance or support for the price.

For example, in this case, we see how this volume


reversed the price and could openBuy turn position.

Also, it was possible to wait for the price of this volume to


touch and only after enteringBuy.
This pattern can be identified by powerful levels
located approximately at the same price mark (level).It
is important that these volumes are on adjacent
candles, as in this example.

If the price closes above this level, we can enterBuy.


Also, more accurate wait for the price to roll back to this
level, only after that enterBuy, as in this example, the
entrance was made at the place of the yellow dot.

TEMPLATE #5
This pattern can be identified by a large accumulation of volumes that
pressed the bullish candle from top to bottom forSell signal - a bearish
candle and from bottom to top, forBUY signal.

TEMPLATE #6
The histogram shows the strength of the red volume on each candle.The
red volume is our guideline and by default is the largest volume in a
particular candle.The higher the histogram values, the more significant the
volume.
TWO MODES | basic, scalper
IMPORTANT! By default, you have the modescalper.

Scalper - this mode gives out more deals.

Basic - moderate mode, with less deals.

GENERAL WARNINGS and WARNING POINTS

Main Alert - the main signal, by default it included.

Alert Point - with this setting you can specify how many points
to notify you before the price reaches an important volume.If
you do not have time to enter transactions, you can set this
value higher.

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