Matrix Strength Currency Settings:
- Draw Labels: You can choose to turn off all currency scores and Matrix table and just use the indicator lines.
- Draw Matrix: This setting allows you to turn on and off the Matrix table on its own. When set to true it will show on the top right corner of your chart.
- Label font size: You can choose the size of text in the Matrix table and currency scores.
- Currency Label Color (for grid): This sets the color of the currency titles in X and Y axis of Matrix grid.
- Data Label Color (for grid): This sets the color of the scores in Matrix grid.
- How many bars to calculate: Set how many bars should be calculated and this will set how far the indicator lines extend back in history. You can increase this number if you wish for backtesting. We recommend a minimum of 50 bars.
- ATR multiplier for over-sized detection: This has been added to eliminate any anomaly/over-sized bars from the chart (over-sized bars greater than chosen ATR will not be counted in cycles analysis) so that we can still focus on the true cycles. The default is 3x ATR, but this can be amended to take into account larger or smaller bars. We recommend 3 as a starting point for all users. ATR 14 is the setting used.
- Initial calculation frequency: This is the speed in which the 300 bars are read on first load. Can be adjusted between 1 and 10 seconds.
- Final calculation frequency: This is the frequency in which the indicator checks price action for changes in cycles and therefore scores after all bars have been fully loaded.
