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Whether you're new to trading or a seasoned veteran, The Magician's Indicator is a real-time indicator that will help you find your next great trade faster and increase your success rate while trading Stocks, Commodities, or Forex.
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Do you want to:
  • Consistently profit from the market?
  • Learn how to quickly analyze the market with ease?
  • ​Spend less time finding that next great trade on any timeframe?
  • Add discipline to your trading and control downside risk?
  • See what others can't and invest with the trend?
.....learn more about The Magician's Indicator and see more examples by clicking here
(There is no repainting done. After a bar/candlestick is close previous signals don't change.)
ICONS (Default - Users can choose their own color scheme)
  • GREY TRIANGLE - Possible reversal into bullish territory.
  • GREEN TRIANGLE - Confirm reversal into bullish territory.
  • RED 'X' (Early Exit/Safer Exit) - An opportunity to protect any early gains by creating a Stop at or below the low of this day.
  • BLUE 'X' (Normal Exit) - An opportunity to exit this position as it looks to be overbought.
  • YELLOW 'X' (Late Exit/Higher Risk Exit) - An opportunity to exit as this position is looks to be very overbought.
BACKGROUNDS (Default - Users can choose their own color scheme)
  • GREEN - Indicates a downward trend.
  • BROWN - Indicates a possible bullish reversal.
  • PINK - Indicates an upward trend.
  • WHITE - Indicates a period of 'rest' or equilibrium between buying and selling pressure.
Note: ​The key background we are looking for is the BROWN background. It does indicate a possible bullish reversal and is the same as the GREY TRIANGLE up.  (This is NOT a buy signal and one should wait for a confirmation day GREEN TRIANGLE)
GUIDELINES (See Disclaimer section below)
  • When a GREEN TRIANGLE appears, look at putting in a BUY order at a price (typically +0.2% - +0.5%) above the current high for the next chart's time period (eg. SBUX price = $58.01, suggested entry price = $58.01+ ($0.11 to 0.30))
  • If your order doesn't fill in the following two time periods cancel it.
  • After your entry, look at putting a STOP order in at a price typically at the most recent low.  ALWAYS USE STOPS.  If a stock breaks below the most recent low, exit the trade.
  • Do NOT revenge trade.
  • Do NOT chase.  If you missed the signal, move on......