xmat forex manual
DESCRIPTION
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How XMAT Forex Indicator Works ?
You Enter Short when red circle appears
You Enter Long when green circle appears
You place your SL on the previous Low/High depending on your timeframe. You can use
support resistance to have an additional idea
about SL
Take Profit: If you entered Long your take profit#1 is when blue line hits 50. In this case if the blue
line goes up to 50 you maintain your position(the
market goes in your direction but make in mind
that if blue line returns to 50 that means you
should think to exit. If you entered Short your take
profit#1 is when blue line hits 50. In this case if
the blue line goes down to 50 you maintain your
position(the market goes in your direction but
make in mind that if blue line returns to 50 that
means you should think to exit.