FXVORTEX - Users Manual PDF
FXVORTEX - Users Manual PDF
System Manual
www.fxvortex.net
Risk warning
Before you begin trading on Real account please carefully consider your
investment goals, risk and experience you have. It should be noted that Forex is a
leverage based market. It should be remembered that leverage can work both in
your advantage and disadvantage as well. Therefore there is high risk of losing a
part or all of your financial input placed on your account and because of that you
should remember to trade with the amount of money which you can lose without
taking any influential financial damage.
Disclaimer
Signals generated by the system are not investment recommendations. All materials included
on the website, as well as all system components (indicators, instruction manual) are for
educational purposes only. Creators of the system will not take any responsibility for any
profit or loss/damage caused by using the system.
www.fxvortex.net
1. Setting up MT4.
www.fxvortex.net
Go to ‘templates’ folder and copy ‘fxvortex1.tpl and fxvortex2.tpl’ files there.
www.fxvortex.net
Go back to main folder and choose ‘MQL4’ ‘Indicators’ folder.
Copy paste 3 x indicator files.
www.fxvortex.net
Choose your trading pair and timeframe. Right click on the chart. Pick
‘FXVORTEX” from templates.
System provides 2 different templates. If you prefer standard trading, use the
FXVORTEX1.
The other template was designed for more aggressive entries. If you like faster
signals go with the FXVORTEX2.
Second template is also useful with some less popular trading pairs. If you open
a chart and see a small numbers of signals, check the FXVORTEX2 template.
www.fxvortex.net
System is ready for trading.
www.fxvortex.net
2. How does it work – BUY trade example.
Fx Vortex algorith main task is to look for gravity zones and generate buy/sell
signal with exact SL and TPs location.
When specified conditions are fulfilled, a grey rectangle appears on the chart.
This is the place where the price is getting ready for further move.
www.fxvortex.net
Price still in the narrow range. Waiting for signal.
www.fxvortex.net
As we can see price finally broke to the upside. We can see SL/TP1/TP2/TP3
levels. This is a valid buy signal.
www.fxvortex.net
The trade should remain open until it hits take profit. As we can see on the below
example it went much higher than the TP3 level.
www.fxvortex.net
3.How does it work – SELL trade example.
The sell signal works in a similar way with the only difference that levels are set
to the downside, not to the upside.
When specified conditions are fulfilled, a gray rectangle appears on the chart.
This is the place where the price is getting ready for further move.
www.fxvortex.net
Waiting for signal..
www.fxvortex.net
When the signal is produced, you will see colorful (red) squares on the chart
which shows exact SL and TP places.
www.fxvortex.net
Few hours later the price hits TP3.
www.fxvortex.net
4.STOP LOSS Order.
www.fxvortex.net
5.TAKE PROFIT Order.
Each signal gives us 3 different take profit levels. This number is not accidental,
because it reflects every type of trader from a very conservative one, through a
standard one to a much more favorable RR ratio.
How to use it correctly? The simplest method is to observe the price. If it moves
quickly and dynamically, we can usually count on TP3. If it has difficulties with
volatility, or the market is just about to close an important trading session (like
EU or US), it’s better to aim for lower values like TP1 or TP2.
www.fxvortex.net
6.DASHBOARD Indicator.
The system is also equipped with a trading dashboard which will assist you during
a trading.
It provides important information like trading pair/timeframe/time to the next
candle, spread value, ATR values from XXX days, current ATR values, Swap value.
www.fxvortex.net
7. FAQ.
How long does the signal is valid, after the colored boxes are printed on the
chart?
The signal is valid until the price hits SL or TP3 level, or when next signal is
created.
I prefer the bigger number of signals during my trading, what should I do?
System provides 2 templates. If you prefer standard/conservative trading go
with the FXVORTEX1 template. However if you prefer a larger number of
signals go with the FXVORTEX2 template.
www.fxvortex.net