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Indicator ForexMatrixPro

0.00

This indicator shows the reversal points of corrections, trends and trends. The matrix calculation system shows 8 types of reversals
of the currency pair chart.

Classification of signals:

Category 1 is the basic signal.  Provides corrective movements between the phases of the chart. On the timeframe D 1
it is possible to use it for trading on each bar.

 

Category 2 is the most basic signal on the chart. In a calm market with a small ATR (for example,
night trading), its signals will be the main ones. Performs a corrective role in impulse movements;

In impulse movements, it is recommended to use it only in the direction of the trend, as an additional set of positions according to the trend;

Category 3 is the boundary signal of the exit from the trend channel. This signal can alternate with the main
signal
inside the momentum, which makes it possible to add new positions, almost without risk. In a
calm market , it serves as a good

a reversal signal.

4-6 Categories are impulse categories, they show how far the price has gone from the center of attraction of the price, as well as the
strength of consolidation of the positions of market participants. The larger the signal category number, the less often counter signals are exchanged. And the
larger the category we see the number, the closer the end of the trend will be in time;

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7-8 categories – reversal signals. They show an approaching trend reversal or trend.

There are enough settings in the indicator to adjust to your trading style.

The indicator does not redraw on the history. When trading, it is necessary to try on the money management rules.
The higher the signal category, the greater the probability of a trend change.

Using a group of orders when receiving signals in one direction, you can achieve a good profit, even if the price goes 15-20 points from
the nearest entry point of the group.

Optimal trading with the indicator is using only signals 4,7 and 8.

Consolidation and trend accumulations can be seen by the accumulation of signals of the same category.

In all cases, it is recommended to work with partial closing of a position, for example, 2/3 of 3 to increase the stop loss at breakeven.

Profit to all!!

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