Forex Magik Bruce Lee Indicator

About Magik Bruce Lee Indicator

In technical analysis trading, the Magik Bruce Lee Indicator stochastic oscillator is a momentum indicator that uses support and resistance levels. What makes the Magik Bruce Lee Indicator unique is hat the Indicator features 5 stochastic oscillators which are customizable for each traders liking.

Entry Strategy
Magik Bruce Lee Indicator has an unique strategy entry, as all the stochastic oscillators narrow down towards a single line. The indicator is indicating that there will be active market movement into a certain direction.

Exit Strategy
Magik Bruce Lee Indicator exit strategy is best used when stochastic oscillators widen apart from each other indicating that market price will not be as active anymore and that the direction of price might be moving into a new direction.

Entry Filters
Magik Bruce Lee Indicator has an 5 unique stochastic oscillators that can be customized for traders liking. For scalping the Magik Bruce Lee Indicator working on 15M and 30M charts. For more of a trend entry the 1H and 4H charts are good suggestions.

Extra features
Universal Slowing - Setting is used to adjust the percentage of speed used by the stochastic oscillators. The more the percentage, the slower the movement of the stochastic oscillators. The less the percentage, the faster the movement of the stochastic oscillators.

Indicator License - Yearly License (Activates as soon as emailed to client).

The Indicator works only on Metatrader4