MagniZone 2.0
Breakout and Bounce Buys, targets, PRO Alerts
24 questions about MagniZone 2.0
Where is MagniZone in my members area?Sign in to your members area with the email you paid with and open MagniZone in the menu on the left. MagniZone Live is the scanner with every call; the TradingView tab has the indicator and its install link.
Read the full answer
How do I add MagniZone to TradingView? I cannot find it in the indicators listOpen MagniZone in your members area, its TradingView tab, and press the install link in the first lesson. Add the script to your favorites, then pick it from Indicators → Favorites on any chart. Searching TradingView's list will not find it.
Read the full answer
What is the free MagniZone Preview?Every member gets a free look at MagniZone 2.0 in the members area: a few of its live calls, the way owners see them. Owning MagniZone (or MagniZone PRO Alerts) opens every call, and the preview leaves your menu.
Read the full answer
I own MagniZone. How do I get MagniZone 2.0?MagniZone owners got 2.0 free. Open MagniZone in your members area: its Live tab is 2.0, and your TradingView indicator is on its TradingView tab.
Read the full answer
What are the MagniZone zones? Why are some orange and some blue?Every swing high on the chart becomes a zone: a price where sellers stepped in before. Orange is resistance above price. When a candle closes up through it, that is a breakout, and the zone turns blue: it is support now.
Read the full answer
What is the difference between a MagniZone Breakout Buy and a Bounce Buy?A Breakout Buy is a close up through a resistance zone, with the stock within 5% of its 52-week high. A Bounce Buy is a dip that holds: on the daily chart a return to a zone it just broke, on the 4-hour a sharp drop into support that closes back above it.
Read the full answer
Where are the MagniZone stop and targets, and why there?The stop is under the lowest low of the signal candle and the five before it, never closer than 1 ATR. The conservative target is half the risk on the daily chart (the full risk on the 4-hour); the aggressive target twice the risk on the daily, three times on the 4-hour.
Read the full answer
What time frame is MagniZone? Can I use it for day trading?MagniZone 2.0 calls the daily and 4-hour charts: those held up in testing. A call can last up to 20 candles. On TradingView the indicator draws on any timeframe, but our calls and record are the daily and 4-hour.
Read the full answer
How does MagniZone 2.0 pick its calls?It scans the most-traded US stocks and ETFs at every daily and 4-hour close and calls only A setups in an up market: Breakout Buys and Bounce Buys, each with an entry, a stop and two targets.
Read the full answer
What is the MagniZone options play? Which strike and expiry?Every call shows an at-the-money call on a standard monthly expiry: about 60 days out on a daily call (45 to 95), about 40 on a 4-hour call (28 to 65). Its price is the contract's real price when the call fired.
Read the full answer
Does MagniZone trade puts or sell signals?No. MagniZone 2.0 calls buys only: Breakout Buys and Bounce Buys. The sells and bounces down lost money as a group in testing, so they are drawn on the chart in grey and never called.
Read the full answer
What are the MagniZone Top 3 and the ★ stars?The Top 3 Breakouts and Top 3 Bounces rank the open calls by a quality score of 0 to 4 stars: one each for heavy volume, being near the 52-week high, a fresh zone, and how the stock moves. In testing, the higher the score the better the calls did.
Read the full answer
Can I add my own stocks to MagniZone? What are the Zone Map and the Watchlist?Yes, to your Watchlist: star any stock on the Zone Map, or add one on the Watchlist tab, to see where each stands against its zones. The calls themselves come from the scanner's list, the same for every member.
Read the full answer
What does "Getting close" mean on MagniZone? Should I buy those?Getting close lists charts sitting just under a zone that has not broken yet: within half an ATR on the daily chart, one ATR on the 4-hour, or inside it. They are not calls: nothing is called until a candle closes through.
Read the full answer
How do I get MagniZone alerts on my phone? What do they send?MagniZone 2.0 Alerts posts every MagniZone call to its own Telegram group and Discord channel, with its chart, the moment it fires. Open MagniZone 2.0 Alerts in your members area and join from its page. MagniZone PRO Alerts owners have it too.
Read the full answer
I bought MagniZone PRO Alerts (the S&R Scanner). Where is it?It is part of MagniZone 2.0 Alerts now: every MagniZone call posted to your own alerts room. Open MagniZone 2.0 Alerts in your members area to join.
Read the full answer
What is the MagniZone 3:45 PM heads-up?At 3:45 PM Eastern the scanner reads each stock's session so far as if it were the day's candle. A daily MagniZone buy it would call on that candle posts as a heads-up, with the entry, stop and targets, so you can act before the 4:00 close.
Read the full answer
Why did my MagniZone call close? What do the endings mean?A call ends at the aggressive target, back at breakeven after the conservative target, on the stop, or after 20 candles (the time limit). When the stop and a target fall in the same candle, it counts as the stop.
Read the full answer
Why are there no MagniZone picks today?MagniZone only calls A setups, and only in an up market (SPY above its 50-day average). On a day nothing passes, there is no new call: it never forces one. The engine updates at every daily and 4-hour close.
Read the full answer
Does MagniZone work on forex, gold, futures or MT4?The TradingView indicator draws on anything TradingView charts: forex pairs, gold (XAUUSD), futures and crypto. MagniZone Live and its alerts call US stocks and ETFs. For MetaTrader there is a separate support and resistance bonus tool in your lessons.
Read the full answer
Where is the MagniZone Masterclass video?Open MagniZone in your members area, then its TradingView tab, then MagniZone Masterclass: how to use it and find active trades, setting alerts on TradingView, the best timeframe, the best stop and target, and options trading with MagniZone.
Read the full answer
Where are MagniZone's past signals and results?On MagniZone Live → Past signals: every call that ended, how it ended and its result in % of the entry. The numbers at the top count the last 90 days. Every call is kept, win or lose.
Read the full answer
Will MagniZone still work on TradingView after November 1?Yes. TradingView's November 1 rule stops invite-only scripts sold outside its Marketplace; MagniZone is a published script, so you keep it. MagniZone Live runs on our own platform and never depends on TradingView.
Read the full answer
I missed the MagniZone entry. Can I still take the call?The call's entry, stop and targets stay on its card until it ends. Whether to get in late is your call: compare the room left to the target with the room down to the stop from today's price.
Read the full answer
Still need a hand? Talk to a real person.Members: sign in and open Support, and Micheal and the team answer by email. Or email support@findbettertrades.com.
Contact support