Mag9

Scalping 3 Bands Indicative AI

About:

Mag9 represents the enhanced iteration of Scaler. The confirmative AI uses proprietary algorithms, complex logic and mathematical equations to analyze price movements and identify potential trading opportunities.

Features:

• Colored indicative candles reveal potential market reversals or shifts in direction, offering the potential for higher profit gains.

• Trend Volatility Cloud (TVC) is a proprietary AI that calculates trend strength and volatility to define breakout ranges, take profits, stop losses, and reversals.

• Realtime Adaptive Volume (RAVB), a proprietary AI, calculates the buy or sell volume of each open candle.

How to use:

The sole rule governing buying and selling in this script is as follows: initiate a buy when sky blue bars beneath the candles begin forming within the white cloud, and execute a sell when these bars, colored red, commence forming within the white cloud.

These two rules take precedence, allowing you to ride the entire bullish and bearish trend until the color undergoes a change.

Specifications:

• Market: Forex, Stocks, Crypto, Options, Indices, and Futures

• Timeframe: 30mn or 1hr for Forex, Stocks, Crypto, 15mn for Index Option Trading

• Type: Trend & Range AI + Tradebox Algos

• Trading Style: All (scalping, swing, intraday, and position trading)

• Assets & Charts: All

• Setting Rules: None

Note:

By understanding the characteristics of different Tradebox scripts and combining them with other technical analysis tools, traders can develop effective trading strategies and make more informed decisions in the financial markets.

As with any trading tool, it’s essential to test your use of Mag9 Indicative AI to align with your specific trading objectives and risk tolerance.