Track trend magic, also known as trend following, is an investment strategy that aims to profit from the long-term trends in various financial markets. This strategy is based on the belief that assets, such as stocks or commodities, tend to move in certain patterns and that these patterns can be identified and exploited for trading purposes. The basic idea behind track trend magic is to identify when a trend begins and then participate in that trend until it shows signs of reversing. This can be done by using various technical indicators, such as moving averages or trendlines, to analyze price data and determine the direction of the trend. One of the key principles of track trend magic is to let profits run and cut losses short. This means that once a trend is identified, the strategy aims to hold onto winning trades as long as possible, while quickly exiting losing trades.

Trend Magic Indicator For ThinkOrSwim

Can anyone convert this to TOS for me. I included 2 screen shots. thanks so much.

//Tradestation Version Var: Up(0), Dn(0); //do not change the inputs for CCI and ATR UP = (LOW - AvgTrueRange(5));//plots below the bars if CCI(50) >= 0 then begin Plot1( UP, "TrendMagic" ,Blue) ; Condition1 = True; end else begin DN = (HIGH + AvgTrueRange(5));//plots above the bars If CCI(50) < 0 then begin Plot1( DN, "TrendMagic" ,Red) ; Condition2 = True; end;end; //Alert Conditions Condition1 = FALSE ; Condition2 = False; if Condition1 then Alert( "TrendMagicUp" ) ; if Condition2 then Alert( "TrendMagicDn" ) ;

This was another code I found. fyi.

#property indicator_chart_window #property indicator_buffers 2 #property indicator_color1 Blue #property indicator_width1 2 #property indicator_color2 Red #property indicator_width2 2 //+------------------------------------------------------------------+ extern int CCI = 50; extern int ATR = 5; //+------------------------------------------------------------------+ double bufferUp[]; double bufferDn[]; //+------------------------------------------------------------------+ int init() < SetIndexStyle(0, DRAW_LINE, STYLE_SOLID, 2); SetIndexBuffer(0, bufferUp); SetIndexStyle(1, DRAW_LINE, STYLE_SOLID, 2); SetIndexBuffer(1, bufferDn); return (0); >//+------------------------------------------------------------------+ int deinit() < return (0); >//+------------------------------------------------------------------+ int start() < double thisCCI; double lastCCI; int counted_bars = IndicatorCounted(); if (counted_bars < 0) return (-1); if (counted_bars >0) counted_bars--; int limit = Bars - counted_bars; for (int shift = limit; shift >= 0; shift--) < thisCCI = iCCI(NULL, 0, CCI, PRICE_TYPICAL, shift); lastCCI = iCCI(NULL, 0, CCI, PRICE_TYPICAL, shift + 1); if (thisCCI >= 0 && lastCCI < 0) bufferUp[shift + 1] = bufferDn[shift + 1]; if (thisCCI 0) bufferDn[shift + 1] = bufferUp[shift + 1]; if (thisCCI >= 0) < bufferUp[shift] = Low[shift] - iATR(NULL, 0, ATR, shift); if (bufferUp[shift] < bufferUp[shift + 1]) bufferUp[shift] = bufferUp[shift + 1]; >else < if (thisCCI bufferDn[shift + 1]) bufferDn[shift] = bufferDn[shift + 1]; > > > return (0); > //+------------------------------------------------------------------+ //+------------------------------------------------------------------+

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8Nick8

Active member

Hi there, this looks like super trend indicator. There is a thread on Super Trend, do check it out and compare. Hope this helps

horserider

Well-known member

Indicator was shared with the chart. So it was there.

Here is the code:

input agg = AggregationPeriod.FIFTEEN_MIN; def c = close(period = agg); def h = high(period = agg); def l = low(period = agg); def pricedata = hl2(period = agg); DefineGlobalColor("TrendUp", CreateColor(0, 254, 30)); DefineGlobalColor("TrendDown", CreateColor(255, 3, 2)); input lengthCCI = 50; input lengthATR = 5; input AtrFactor = 0.7; def ATRcci = Average(TrueRange(h, c, l), lengthATR) * AtrFactor; def price = c + l + h; def linDev = LinDev(price, lengthCCI); def CCI = if linDev == 0 then 0 else (price - Average(price, lengthCCI)) / linDev / 0.015; def MT1 = if CCI > 0 then Max(MT1[1], pricedata - ATRcci) else Min(MT1[1], pricedata + ATRcci); plot data = MT1; data.AssignValueColor(if c < MT1 then Color.RED else Color.GREEN);

tenacity11

Active member

Once again thanks so much. Looks good and I made one for the daily chart. I greatly appreciate the time you've taken to help me.

horserider

Well-known member

Welcome Tenacity and San. Hope it helps with your trading. If you develop a great strategy will appreciate your sharing it back.

San

Member

@tenacity11 and BenTen team, Just i want to share my thought. I am very comfort using all these indicator in Offline i mean After the market time end , but during the market hours 9.30EST- 4PM EST, I am really scared, even if i stick with the strategy/ Instruction/Rule I experience lot of fail trade.. I don't know how to come out these situation.. BUT still i am trying to finding which strategy may fit for me during market hours.

I would like to say one thing.. This forum its give me a hope that i will definitely find a good strategy in one day. . Because in this forum i see lot of open heart people and helping tendency people. .

BenTen

Administrative

@San You're definitely not alone. It's good that you're going through these indicators and backtesting them. But that does not mean you can't paper trade them during trading hours. I would suggest using the ThinkorSwim paper trade account and practice so you get confident with the strategy that you picked (you can even paper trade by jogging down the share price or contract price as if you're actually buying them). If it doesn't turn out like you expected, then you know to move on then and not lose a single dime.

And also be patient when paper trading. Nothing will yield you 100% winning rate. Just because the first trade didn't work out doesn't the mean indicator or strategy isn't working. Give it some time. The good thing about paper trading is that you're flexible with what you test (have fun with all the strategies and indicators that you think may fit your needs). I hope that helps.

trendmagic

Magic Trend indicator is an indicator combining the Commodity Channel Index (CCI) and the Average True Range (ATR) indicators. The indicator is represented by a line that turns red when CCI readings are below 0 and converts to blue when CCI reaches above 0. Color of the line can be treated as a trend indicator. When CCI > 0 (Blue Color), price is assumed to be.

This is part of a new series we are calling "Strategy Myth-Busting" where we take open public manual trading strategies and automate them. The goal is to not only validate the authenticity of the claims but to provide an automated version for traders who wish to trade autonomously. Our 11th one is an automated version of the "Magic Trading Strategy : Most.

The strategy version of AlphaTrend indicator for backtesting and optimisation purposes for TradingView users: Screener / Explorer version and an English explantion video will be published soon. AlphaTrend's parameters are designed for daily and 4H charts, feel free to optimize on all time frames. Hope you all use Alphatrend in your profitable trades. Kıvanç

I turned the Alpha Trend indicator coded by our teacher Kıvanç Özbilgiç into a strategy. You can find the original version of the indicator here. It sends trading signals in the regions where AlphaTrend produces Buy and Sell signals. It is a two-way strategy. Buy Entry Long opens trade, Sell Entry Short opens trade.

AlphaTrend is a brand new indicator which I've personally derived from Trend Magic and still developing: In Magic Trend we had some problems, Alpha Trend tries to solve those problems such as: 1-To minimize stop losses and overcome sideways market conditions. 2-To have more accurate BUY/SELL signals during trending market conditions. 3- To have significant.

Trend Magic Pro

Hannah has been super awesome to work with. She responds quickly and always follows back up with me. She has been super helpful with any issues and answers all of my questions. I have downloaded ninZaRenko which I absolutely love and have included in my trading plan. I also use the Trend Magic Pro indicator and love that as well. I plan on getting more indicators from this company because I have really liked what I have so far.

These testimonials may not be representative of the experience of other users or customers and do not guarantee future performance or success.

Trend Magic is a very popular CCI-based trend indicator from the MetaTrader arena, now converted to NinjaTrader 8 and enhanced further. Being one of the best trend indicators, Trend Magic gains high popularity due to its simplicity and effectiveness.

Though originating from the currency world, Trend Magic works fine with all futures and stock instruments. Trend traders of all levels can benefit from this awesome trend indicator because of its easy signal interpretation:

• Green Trend Magic plot with price closing above it signals a bullish time and traders should look for a long entry.
• Red Trend Magic plot with price closing below it signals a bearish time and traders should look for a short entry.

You can also monitor the return of price after weakening beyond the Trend Magic plot to trade trend pullbacks.

Our Trend Magic Pro indicator is built upon a combination of smoothed CCI and ninZaATR, with a plot change filter. All of these enhancements help significantly improve the indicator performance compared to the traditional version.

• Popup alert
• Sound alert (configurable rearm)
• Email alert (possibly configured as SMS alert)
• Message displayed in Alerts Log window

• Can be used in HelloWin Backtest - our AMAZING backtesting software @ HelloWin.io
• Can be used in Market Analyzer
• Can be used in BloodHound
• Can be used in 3rd-party indicators, strategies, products
• Professional & clean signature for easy calling

• Signal_Trend: 1 = uptrend, -1 = downtrend

• Ready to use out of the box
• Fully configurable & customizable with ease

Trend Magic Indicator

The Trend Magic indicator is a very popular trend indicator . It comes from the forex world where it's used by many traders. Trend Magic Indicator is a combination of Commodity Channel Index (CCI) and Average True Range (ATR). That is how it plots the trend signals and identifies the possible market entry areas within the trend.

We took this basic idea of the indicator and supercharged it in many ways by adding trading signals, statistics, alerts , and a ATR volatility based band

This means that once a trend is identified, the strategy aims to hold onto winning trades as long as possible, while quickly exiting losing trades. This can result in a trading system with a low win rate, but with a high average profit per trade. Track trend magic can be applied to various markets, including stocks, bonds, commodities, and currencies.

ATR based channel bandwidth

The SSL channel can optionally be widened by applying an ATR-based multiplier. When the ATR multiplier is set to 0 the band has its original width determined by the 2 moving averages. By increasing the multiplier to for example 0.5, 1, 2, or more you can widen the SSL channel to your liking

It is a popular strategy among traders and investors, as it does not require predicting the future direction of the market, but rather focuses on trading with the current trend. While track trend magic can be profitable in trending markets, it may underperform in choppy or sideways markets. This is because the strategy relies on the presence of clear and sustained trends to generate profits. In conclusion, track trend magic is an investment strategy that aims to profit from the long-term trends in various financial markets. It involves identifying trends and participating in them until they show signs of reversing. While it can be profitable in trending markets, it may underperform in choppy or sideways markets..

Reviews for "Tracking Trends: The Secret Weapon for Business Magic"

1. Emily - 2/5 stars - I was not impressed with "Track trend magic" at all. The app promised to provide accurate trend forecasts, but I found that it often provided incorrect predictions. The interface was also quite confusing and difficult to navigate. Overall, I was disappointed with the app and would not recommend it.

2. Michael - 1/5 stars - "Track trend magic" is a complete waste of time and money. The predictions it provided were completely off-base and not at all useful for making informed decisions. Additionally, the app constantly crashed and froze, making it nearly impossible to use. I regret purchasing this app and would advise others to stay away from it.

3. Sarah - 3/5 stars - While "Track trend magic" had some interesting features, I found that its accuracy was questionable. The app often provided conflicting predictions, which made it difficult to rely on. Additionally, the user interface was not very intuitive and took some time to get used to. Overall, I was not entirely satisfied with this app and would advise potential users to proceed with caution.

The Magic of Data: How Tracking Trends Can Transform Your Business