Frequently Asked Questions
Everything you need to know about Magic Trader Signal
What is Magic Trader Signal?
Magic Trader Signal is a free binary option signals terminal that provides real-time UP/DOWN predictions using technical analysis (RSI, MACD, Bollinger Bands, Momentum, Trend, Volatility) combined with execution filters (spread/volatility/conflict checks) to help reduce low-quality setups. Works with all major binary options brokers including IQ Option, Pocket Option, Quotex, Deriv, and others.
How does Magic Trader Signal work?
Magic Trader Signal analyzes real-time market data from Massive.com API using multiple technical indicators (RSI, MACD, Bollinger Bands, Momentum, Trend, Volatility) to generate UP/DOWN/WAIT signals. The system applies execution filters to block trades when conditions are unfavorable (high spread, high volatility, mixed signals, etc.). Signals are updated in real-time during forex market hours.
What timeframes are available?
Magic Trader Signal supports 16 timeframes: Turbo (5S, 10S, 15S, 30S), Short (1M, 2M, 3M, 5M), Medium (10M, 15M, 30M, 45M), and Long (1H, 2H, 4H, 1D). Turbo timeframes use quote-based evaluation with strict filters, while longer timeframes use candle-based analysis.
What currency pairs are supported?
Magic Trader Signal supports 13 popular currency pairs: EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CHF, EUR/GBP, USD/CAD, NZD/USD, EUR/JPY, GBP/JPY, AUD/JPY, XAU/USD (Gold), and XAG/USD (Silver). All signals work with any binary options broker.
What are Strong Signals?
Strong Signals are high-quality signals that meet strict criteria: Signal Strength ≥ 75, Direction Confidence ≥ 70, and Trade Status must be OK (not blocked). These signals are displayed in the 'Strong Signals' section at the top. The system shows up to 4 strongest signals, sorted by weighted score.
What does Signal Strength mean?
Signal Strength (0-100) measures how strong the directional bias is based on technical indicators. Higher strength means stronger directional momentum. Strength ≥ 75 is considered strong. However, strength alone doesn't guarantee a safe trade - always check Trade Status and Direction Confidence.
What does Direction Confidence mean?
Direction Confidence (0-100%) measures how strongly the technical indicators agree on the UP/DOWN direction. Higher confidence means more indicators are aligned. Confidence ≥ 70 is required for Strong Signals, and ≥ 80 is considered 'Highly Recommended'. However, confidence does not mean a trade is safe - always check Trade Status (OK/NO/WAIT) and block reasons.
What does NO TRADE mean?
NO TRADE means the system is blocking execution due to an unfavorable condition. Common block reasons include: High spread, High volatility, Mixed/conflicting signals, Missing live quote, Poor recent performance, Against higher timeframe trend, or Turbo spread too high. The system shows a primary block reason so you know exactly why the trade is blocked.
What is Trade Status (OK/NO/WAIT)?
Trade Status indicates whether you should execute the signal: OK (green) = Safe to trade, NO (red) = Blocked, do not trade (shows block reason), WAIT (amber) = Uncertain direction, do not trade. Only trade when status is OK.
How do I use the signals?
- Select a timeframe from the 16 available options.
- Check the Strong Signals section for high-quality opportunities.
- Click on a signal to view details in the Featured Signal Panel.
- Only trade when Trade Status is OK (green).
- For UP signals, place a CALL/HIGHER trade. For DOWN signals, place a PUT/LOWER trade.
- Use Load history to verify recent performance before trading.
- Prefer signals with higher Recent Win Rate and Aligned status.
What is the Featured Signal Panel?
The Featured Signal Panel shows detailed information about a selected signal, including: Current price and quote, Signal direction (UP/DOWN/WAIT), Signal Strength and Direction Confidence, Trade Status (OK/NO/WAIT) with block reasons, Technical indicators (RSI, MACD histogram), Recommendation level, Recent Win Rate, and History performance. Click any signal from the list to view its details.
What is History & Performance?
History & Performance shows past signal outcomes for the selected pair and timeframe. You can load history to see recent wins/losses, win rate percentage, and performance trends. History uses market data evaluation: candles for 1M+ timeframes and quotes for turbo (5S–30S). Outcomes are computed using mid prices and do not include broker-specific execution, fees, or slippage. Metrics are estimates and do not guarantee future results.
What is Recent Win Rate?
Recent Win Rate shows the percentage of winning signals in recent history for the selected pair and timeframe. Higher win rate (e.g., 70%+) indicates better recent performance. However, past performance does not guarantee future results. Use this as one factor among many when deciding whether to trade.
What does Aligned mean?
Aligned means the signal direction matches the trend in higher timeframes, indicating stronger confirmation. For example, if the 5M signal is UP and the 15M and 1H timeframes also show UP bias, the signal is aligned. Aligned signals are generally more reliable than non-aligned signals.
How does Multi-timeframe support work?
Magic Trader Signal shows strong signal indicators (green dots) on timeframe buttons when other timeframes have strong signals. If your current timeframe has no strong signals, the system suggests other timeframes that do. This helps you discover trading opportunities across different expiry times. Click any timeframe button to switch instantly.
When are signals available?
Signals update in real-time during forex market hours (approximately Sunday 5:00 PM to Friday 5:00 PM New York time). When markets are closed (weekends), the terminal shows the last available data with a market status indicator. Signals automatically resume when markets reopen.
How often are signals updated?
Signals are updated in real-time as new market data arrives from Massive.com API. The terminal automatically refreshes signals periodically. You can also manually refresh by clicking the refresh button. The 'Last update' time in the header shows when data was last updated.
What technical indicators are used?
Magic Trader Signal uses multiple technical indicators: RSI (14) for overbought/oversold conditions, MACD for trend momentum, Bollinger Bands for volatility, Momentum for price change velocity, Trend Analysis with SMA/EMA crossovers, and Volatility measurements. The Featured Signal Panel shows RSI and MACD histogram values.
Is Magic Trader Signal free?
Yes, Magic Trader Signal is completely free to use. No subscription, registration, payment, or account creation is required. All 16 timeframes, all 13 currency pairs, Strong Signals, Featured Signal Panel, History & Performance, and all features are available at no cost.
Which timeframe should I use?
Beginners: Start with Long timeframes (1H, 2H, 4H, 1D) for more stable and reliable signals. Intermediate: Use Medium timeframes (10M, 15M, 30M, 45M) for balanced trading. Advanced: Short timeframes (1M, 2M, 3M, 5M) are faster but noisier. Expert Only: Turbo timeframes (5S, 10S, 15S, 30S) are extremely sensitive to spread and latency - use with extreme caution.
What brokers are supported?
Magic Trader Signal works with all major binary options brokers including IQ Option, Pocket Option, Quotex, Deriv, Olymp Trade, ExpertOption, and many others. The signals are broker-agnostic - you can use them with any broker that supports binary options trading. No need to switch brokers.
Are signals guaranteed to win?
No. No trading signals are guaranteed to win. Binary options trading carries significant risk, and 70-90% of traders experience losses. Magic Trader Signal provides signals for educational purposes only. Always use proper risk management, never trade with money you cannot afford to lose, and understand that past performance does not guarantee future results.