MagicStick 2011
agic Stick is a Forex trading tool that you can use to execute the trades you plan. I'm sure that you have heard the saying, "Plan your trade, trade you plan". Planning the trade is easy but trading that plan can be hard. All of the EA's out here today are trying do this very same thing by automating the process completely, however you cannot take the person out of the equation entirely. With this semi-automatic trading tool you are able to plan the trade and Magic Stick will trade your plan for you. All you do is draw a support or resistence line or a trend line and set Magic Stick to work. No more waiting for what feels like forever for the market to break your lines so you can place a trade. No more using pending orders only to have wicks of candles touch you into the trade and then reverse entirely.
With the Members Area we have great information and videos on how to use the many features of Magic Stick. The manual has all of the information you need to have control over your trades and gain the pips that you want consistently. There are profit running features to let your trades run as well as being able to close portions of the profit along the way.
Magic Stick Features
* Order opening based on trend line (and horizontal line) breaks;
* Big candle break filtering and pullback support;
* Adding positions based on trendline and horizontal line breaks;
* Order opening on reversals (bounce-off) of a trendline or horizontal line;
* Order opening on touching a trendline (Stop order support);
* Order closing based on trend line (and horizontal line) breaks;
* Dynamic (trend line based) TakeProfit and StopLoss settings;
* Dynamic (trend line based) partial TakeProfit options;
* Dynamic (trend line based) StopLoss movement (to break-even, or any other value);
* Profit covering including partial order closing, trailing stop, overcoming broker stop-size limitations;
* Margin check (to prevent margin calls);