Quick Start Guide
Jump into trading with the PMALGO® Adaptive Trend Matrix in just a few easy steps:
Step 1: Add the Indicator to Your Chart
Step 2: Select Your Risk Management Style
- ATR-Based Mode: The system will automatically calculate your Take Profit and Stop Loss distances using volatility-adjusted ATR multipliers—ideal for adaptive risk control in fast-moving markets.
- Fixed Risk:Reward Mode: Define your Stop Loss size using the ATR multiple, and the indicator will set all your Take Profit targets (TP1, TP2, TP3) based on consistent risk:reward ratios—perfect for those seeking structured, repeatable trade management.
Step 3: Set Up Your Alerts
- Turn on notifications for buy/sell signals, first TP hits, Stop Loss triggers, and trend changes.
- Use TradingView’s built-in alert editor to select the specific alert types that match your strategy—so you never miss a crucial setup or exit.
Pro Tip:
- Signal Sensitivity: Adjust how frequently new trade signals are generated (lower = fewer, higher quality signals; higher = more signals, potentially more noise).
- MA Filter: Change the Moving Average type or length to match your market’s trending style.
- ML Filter: Experiment with enabling/disabling the Machine Learning filter or adjusting its confidence threshold to suit your preferred level of signal quality.