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For those traders and students who follow the famous brazilian trader Igor Rodrigues (Mago Trader) here it is his famous 2 EMAs – based on Phi ratios – and packed with a twist: a Filling Area, to easily and visually spot the corresponding trend on the chart. You can turn On and Off this filling.

If you don’t know Igor Rodrigues and you are a brazilian trader and student, just google for him…

Very simple and useful indicator.

If you are looking also for the MACD-based indicator of this trader, here it is:

MACD Mago Trader

If you are looking also for the MACD-based indicator of this trader, here it is:

MACD Mago Trader

  • Period for the FAST EMA. For M1=21 / M5|D|W|M=17 / M15|M60=27
  • Period for the SLOW EMA. For M1=42 / M5|D|W|M=34 / M15|M60=55 
  • Smoothing method to be applied – EMA is recommended
  • Price Type to be used.
  • Activate the Area Filling between the 2 EMAs: On | Off

Sometimes turning ON/OFF the filling may cause some refresh problemas, just decide how you would like the indicator to be displayed on your chart, and simply restart your platform… 😉

If you like this indicator, all I am asking is a little Review (not a Comment, but a REVIEW!)…   

This will mean A LOT to me… And this way I can continue to give away Cool Stuff for Free…

With No Strings Attached!  Ever!

Live Long and Prosper!

😉

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Sometimes turning ON/OFF the filling may cause some refresh problemas, just decide how you would like the indicator to be displayed on your chart, and simply restart your platform… 😉

If you like this indicator, all I am asking is a little Review (not a Comment, but a REVIEW!)…   

This will mean A LOT to me… And this way I can continue to give away Cool Stuff for Free…

With No Strings Attached!  Ever!

Live Long and Prosper!

Our Useful Features & Services

Published

15 July 2020

Updated

28 July 2020

Current Version

1.1

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Detleff Böhmer February 15, 2021 2:49 am
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Danke Flavio f\u00fcr diesen einfachen Indikator, man kann damit sehr gut arbeiten.

Aleksandr Tamonin February 15, 2021 2:49 am
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The signal makes a great filtration system.