Introduction

MagnusPro Indicator V2.1 MT4 is a technical analysis tool designed for the MetaTrader 4 platform. It helps traders identify potential buy and sell opportunities by combining trend analysis, momentum, and price action into a single system. The indicator simplifies decision-making by providing clear signals directly on the chart.

Key Features

Clear buy and sell signal generation
Multi-indicator integration (trend, momentum, volatility)
Signal filtering to reduce false entries
Trend detection for better market direction
Reversal signal identification
Multi-timeframe compatibility
Real-time alerts and notifications
Customizable sensitivity and parameters
Clean and user-friendly interface
Fully compatible with MT4 platform

Recommended Settings

Pairs: Forex pairs, Gold (XAUUSD)
Timeframes:
- M5, M15 for scalping
- H1, H4 for swing trading
Sensitivity: Medium for balanced signals
Risk Management: 1%–3% per trade
Confirmation: Use with support/resistance or trendlines

Backtest Result

Shows consistent performance in trending markets
Improved accuracy with proper confirmation
Reduced false signals due to filtering system
Performance varies with market conditions
Not a standalone system; depends on trader execution

Advantages

Simplifies complex technical analysis
Beginner-friendly and easy to use
Saves time by providing ready signals
Works across multiple trading styles
Reduces chart clutter
Offers real-time market insights
Customizable for different strategies

Disadvantages

Not an automated system
Signals may lag due to indicator calculations
Can produce false signals in sideways markets
Requires confirmation from other tools
Performance depends on market conditions
Needs basic trading knowledge

Installation & Setup Guide

Download the indicator file (.ex4/.mq4)
Open MT4 → File → Open Data Folder
Go to MQL4 → Indicators and paste the file
Restart MT4 platform
Open your preferred chart
Drag and drop the indicator
Adjust settings if needed
Enable alerts (optional)
Start analyzing signals.

Support & Disclaimer

Support

If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:

WhatsApp: Click here

Telegram Group: Join our community

Disclaimer:

Forex and gold trading involve risk. Past performance doesn't guarantee future results. Always test robots on demo before live trading and use proper risk management.