Matrix Indicator

Matrix Indicator

Matrix Indicator – is a simple but effective indicator.

Matrix indicator lamp shows the conventional oscillators, using the friendly color-coded.

This makes it easy to determine the times when all indicators show the same value, and to find the most promising entry opportunities.

Input parameters of the indicator:

  • Indicator – choice of indicators: RSI, Stochastic, CCI, Bollinger Bands
  • Param1 / Param2 / Param3 – Display Setting
  • ValueMin – level oversold oscillator
  • ValueMax – level overbought oscillator

The indicator can be used for all instruments: Forex, stocks, commodities, futures.

Display Setting Example:

  • Indicator = RSI
  • Param1 = 14
  • ValueMin = 10
  • ValueMax = 90
  • Indicator = Stochastic
  • Param1 = 5
  • Param2 = 3
  • Param3 = 3
  • ValueMin = 20
  • ValueMax = 80
  • Indicator = CCI
  • Param1 = 14
  • ValueMin = -100
  • ValueMax = 100
  • Indicator = Bollinger
  • Param1 = 20
  • ValueMin = -2.0
  • ValueMax = 2.0

Matrix Indicator

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