Magic Stick is a great addition to MetaTrader4, for anyone who likes to trade breakouts, (who doesn’t?). With Magic Stick you will never miss another perfect opportunity. This is the perfect tool for automating the process of trading breaks of trendlines and support and resistance levels, while still letting you stay fully in control. Check it out right here.

Magic Stick will allow you to automate the process of executing a trade based on a trendline break along with horizontal lines. One of the key features about Magic Stick is the “big candle break filter and pullback support” which enables you to avoid a trade based on a break if the closing price is too far away from the initial break.

Trading based on trendline breaks is very common strategy and for obvious reasons; it works very well. With Magic Stick you can now ease the process of trading based on such breaks. However, if you prefer to trade on trendline or horizontal level bounces, Magic Stick can do this as well. Additionally you can use Magic Stick to close orders upon touching trendlines and key levels, plus a bunch of other very cool features.

For those of you who have followed me here on TradeProfits for some time, know that I am not very fond of EA´s. Magic Stick is not an expert advisor, but still an awesome tool for automation with manual intervention.

Head on over to 4X Circle and take a closer look at Magic Stick and all the great features that comes along.