CrystalFX-Users-Manual
CrystalFX-Users-Manual
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CFX_Safe
Provides the most secure signals, with less profit potential at the
same time. Pick this mode if you want to spend the minimum amount
of time in front of the computer.
This mode is recommended for every type of trader.
CFX_Standard
Is the most universal mode, providing the most balanced signals.
It provides stable signals with limited risk.
This mode is recommended for beginners as well as experienced
traders.
CFX_Aggressive
It’s characterized by the fastest signals as well as the largest potential
profit with increased risk. If you are familiar with scalping and
catching the quick market movements, you should choose this
trading mode.
Scalping mode is recommended for advanced traders.
System overview
1. Trend overview.
2. Round Numbers.
3. BUY/SELL Signal.
4. Info Dashboard.
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On the below example we can see that the price has reached the first
round level fast, but then started to consolidate. If the price stays for
15-20+ candles between the round levels it’s good to close that
trade.
STOP LOSS
Stop loss order should be placed in the technically best place:
Try to minimalize your stop loss and aim for high RR ratios.
For example:
If the last swing is MUCH closer than round level, put the stop loss on
the last swing.
The ideal trades in daytrading (m5-m15) are when your risk 15-20
pips and aim for 40-50.
If you scalp (m1-m5)try to risk no more than 10 and try to reach 20+
pips.
If you are swing trader (h1-d1) the stop loss should be around 30-
50pips, while take profit 100+ pips.
The bottom BLUE/BLACK Indicator.
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- try to trade on the major sessions only - the more volatility the better (there is
usually more pips/profit to catch).
- glance through the calendar of economic news before each day of trade. If
there are some important 'red' news, its better to wait until they are
announced.
- pay particular attention to days in the calendar where the most important
news are, like: non-farm payrolls, ECB press conference, FOMC.
These news are crucial to the market and sometimes investors will wait outside
of the market for their announcement.
- do not worry if you are late for a signal. It is better to wait for another trade
than get into one that has already been on its way a long time and may very
well turn back.