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KS Magic Trend Signal

by MQL5

★★★★★ Trusted download · 0 downloads
  • Version 1.12
  • Works on MT5
  • Free Trial — no cost to download
  • Direct download link, no installer bundling
MQL5 1.0 Mb

Product description

KS Magic Trend Signal is trend and reversal signal indicator for MetaTrader 5.

It combines moving average trend detection, ZigZag-based swing/pivot analysis, and Higher High / Lower Low pattern recognition to generate clean BUY/SELL signals, support/resistance levels, and swing labels — all drawn exclusively through indicator buffers.
Core Concept

The indicator identifies market structure using ZigZag swings (filtered pivots) and detects classical swing patterns:

HH – Higher High
HL – Higher Low
LH – Lower High
LL – Lower Low

It then builds a trend state based on price interaction with dynamic Support & Resistance levels derived from these swings.
Key Features
Feature Description
BUY / SELL Arrows Clear DodgerBlue ↑ and Red ↓ arrows when trend flips (price breaks above Resistance → BUY, below Support → SELL)
EHMA Trend Line Enhanced Hull Moving Average with coloring (Lime / Red / DodgerBlue)
Dynamic S/R Lines Dotted Resistance (Red) and Support (DodgerBlue) lines that update on swing breaks
Swing Labels HH (Lime), LL (Red), LH (Red), HL (Lime) markers with arrows
Zero Chart Objects Everything is buffer-based → very fast, no lag/freeze on zoom or scroll
Customizable History HistoryDays limits calculation to recent bars for performance

Visual Elements

Blue ↑ Arrow: BUY signal (trend becomes bullish)
Red ↓ Arrow: SELL signal (trend becomes bearish)
Lime/Red/Blue Line: EHMA (trend strength & direction)
Red Dotted Line: Resistance
Blue Dotted Line: Support
Lime/Red Triangles: Swing point labels (HH/HL/LH/LL)

This is a "KS Magic Trend" style indicator that focuses on market structure + momentum confirmation rather than just crossover signals.

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