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FXVORTEX - Users Manual PDF

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0% found this document useful (0 votes)
309 views

FXVORTEX - Users Manual PDF

Uploaded by

yesid rocha
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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FX VORTEX

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.

Copyright © 2019 www.fxvortex.net. All rights reserved.


Unless otherwise indicated, all materials on these pages are copyrighted by the fxvortex.net.
All rights reserved. No part of these pages, either text or image may be used for any purpose
other than personal use. Therefore, reproduction, modification, in any form or by any means,
electronic, or otherwise, for reasons other than personal use, is strictly prohibited without
prior written permission.

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1. Setting up MT4.

Open your MT4 platform.


Go to ‘File’  ‘Open data folder’

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Go to ‘templates’ folder and copy ‘fxvortex1.tpl and fxvortex2.tpl’ files there.

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Go back to main folder and choose ‘MQL4’  ‘Indicators’ folder.
Copy  paste 3 x indicator files.

Restart MT4 platform.

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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.

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System is ready for trading.

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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.

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Price still in the narrow range. Waiting for signal.

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As we can see price finally broke to the upside. We can see SL/TP1/TP2/TP3
levels. This is a valid buy signal.

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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.

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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.

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Waiting for signal..

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When the signal is produced, you will see colorful (red) squares on the chart
which shows exact SL and TP places.

This is a valid SELL signal.

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Few hours later the price hits TP3.

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4.STOP LOSS Order.

SL level is always printed on the opposite side to the signal.


It's usually enough space for the transaction for small pullbacks and making a
profit. However, if it's too small for you, you can move the SL for a few pips more
for example to the round level or an important support/resistance level.

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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.

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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.

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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.

What should I do if I miss the entry?


If the price is far from the entry point you should wait for the next signal.

What lot size should I use when trading this system?


You should always control your risk. Most traders use 1-2% of their account for
any opened transaction.

What timeframe should I trade?


It depends on your trading style. If you prefer fast scalping use M1 – M5 TF. If
you like typical daytrading, you can focus on M5-H1 TFs. If you like slow swing
trading check the signals on H1/H4/D1 TFs.

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.

I have another question, how can I contact your customer support?


You can always contact us using a contact form on the bottom of the website,
or simply send an email to [email protected]

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