For MetaTrader 4
The Quantum Trading currency matrix indicator has been developed as a complementary indicator to the currency strength indicator. The currency strength indicator reveals individual currency strength or weakness, whilst the currency matrix then helps to identify this strength and weakness in the currency flows across the related currency pairs. This video introduces some of the basic concepts and ideas behind the currency matrix indicator for MT4.
The Quantum currency matrix has many different applications for forex traders, but one of the most basic is to help identify whether the flows for a particular currency are universal across he market. If they are unanimous then the risk on any position is lower since we are then trading with the flow and not against it. The currency matrix reveals this in the currency leader board in all timeframes.
In this video we explain how to use the Quantum currency matrix in multiple timeframes. Using the currency matrix in this way gives traders an inside view on the sentiment and currency flows as this shifts across the timeframes and reflected on the currency matrix ladder.
In this short video we explain the importance of extremes on the currency matrix. These are the points at which currency pairs are preparing for possible reverses, and much like the currency strength indicator, are regions where sentiment is starting to change. These regions also signal possible changes in momentum, as well as defining the boundaries for any those currencies moving from one extreme to the other as they move from strong to weak and back again.
For MetaTrader 5
The Quantum Trading currency matrix indicator is now available for the MT5 platform, and building on the hugely successful MT4 version.
The currency matrix indicator for MT5 ranks all twenty eight pairs from bullish to bearish and in all timeframes, both standard and custom so the pair you are trading can be followed in every timeframe from the fastest to the slowest and everything in between.
The MT5 version also includes an exciting bookmark feature which gives you the option to see instantly the currency pair you are trading.