Re-optimized FxMagnetic indicator on GBPUSD (2019-10-01)
We’ve reoptimized FxMagnetic indicator settings on GBPUSD. Here are the latest parameters for all GBPUSD timeframes that you should use for best MT4 indicator performance.
You can insert these new parameters in your FxMagnetic GBPUSD manually or simply download FxMagnetic GBPUSD 1.3 from the Download Center (login was sent to your email after purchase).
To set parameters manually you need to switch the Settings Mode to: I will set settings below myself
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1-minute chart:
Signal Magnitude = 30
Signal Amplitude = 225
Stop Loss (pips) = 20
Take Profit (pips) = 59
5-minute chart:
Signal Magnitude = 40
Signal Amplitude = 119
Stop Loss (pips) = 84
Take Profit (pips) = 108
15-minute chart:
Signal Magnitude = 60;
Signal Amplitude = 251;
Stop Loss (pips) = 91;
Take Profit (pips) = 142;
30-minute chart:
Signal Magnitude = 30;
Signal Amplitude = 201;
Stop Loss (pips) = 112;
Take Profit (pips) = 203;
1-hour chart:
Signal Magnitude = 92;
Signal Amplitude = 170;
Stop Loss (pips) = 113;
Take Profit (pips) = 174;
4-hour chart:
Signal Magnitude = 10;
Signal Amplitude = 123;
Stop Loss (pips) = 142;
Take Profit (pips) = 213;
Daily chart:
Signal Magnitude = 10;
Signal Amplitude = 112;
Stop Loss (pips) = 175;
Take Profit (pips) = 241;
Weekly chart:
Signal Magnitude = 2;
Ind0Param1 = 100;
Stop Loss (pips) = 1500;
Take Profit (pips) = 500;
Monthly chart:
Signal Magnitude = 2;
Signal Amplitude = 100;
Stop Loss (pips) = 1500;
Take Profit (pips) = 1000;
FxMagnetic GBPUSD v1.3 stats on 1st October, 2019
Below are the screenshots of FxMagnetic GBPUSD stats from the previous 100 signals. This was taken on 2019-10-01 on FxOpen Live ECN account. We re-optimized FxMagnetic GBPUSD v1.3 on this broker so you’ll see best signals with them.
Remember, past performance does not guarantee future results.
We do not know the future and none of world’s trading algorithms know the future. All the stats above and trading signals are based on pure mathematical formulas and probability theory.
Trade at your own risk.