The PMALGO® Adaptive Trend Matrix gives you granular control, allowing you to tailor signals, risk management, visuals, and more to fit your trading strategy and personal preferences. Below is a comprehensive breakdown of all settings categories and what they do:
Choose which types of trade signals you’d like to see on your chart.
- All: Receive both standard (normal) and strong signals.
- Normal: Show classic entry signals.
- Strong: Limit display to the highest-confidence setups.
Signal Sensitivity (1–15):
Adjusts how frequently trade signals are displayed.
- Lower values favor quality and selectivity.
- Higher values increase the number of signals but may add more noise.
Refine signals by applying a Moving Average filter.
- Select your preferred MA type (Simple, Exponential, Weighted, Volume-Weighted, or Hull) and set its length:
Toggle colored bars on/off, visually highlighting bullish and bearish trades directly on your chart.
Customize the in-chart dashboard’s position, size, theme, and style for better readability and workflow:
- Location (choose the chart corner), Size (Tiny, Small, Normal),
- Theme Mode: Syncs with chart theme (Auto), or lock to Dark/Light.
- Style: Modern, Classic, Minimal, or eye-catching Cyberpunk.
Personalize dashboard and signal coloring for visual consistency or to match your branding, especially with Cyberpunk mode.
TP/SL (Take Profit/Stop Loss):
Enable or disable automatic plotting of your take-profit and stop-loss levels.
Pick your approach to risk definition:
- ATR-Based: Uses ATR multipliers for calculating TP1, TP2, TP3, and SL (e.g., 1x, 2x, 3x ATR).
- R:R Fixed: Set a Stop Loss distance via ATR multiplier, then define each TP as a custom multiple of your SL for structured Risk:Reward.
- SL ATR Multiplier: adjusts stop-loss placement.
- TP Ratios: Set R:R for each take profit target.
Individually style your Entry, SL, and each TP for visual clarity.
Trailing Stop (optional):
Activate Parabolic SAR trailing stops with customizable zone width for dynamic exit management.
Turn on real-time alerts for important events.
Select alert timing—trigger once per bar close, once per bar, or on every event (“All” for maximum sensitivity).
Choose exactly which events fire alerts: Signals, Strong Signals, TP/SL hits, and Trend Changes.
Personalize your alert messages with options to include a custom prefix, current price, timeframe, trend context, and Risk:Reward information.
ML ENHANCEMENT (Machine Learning)
Activate the AI-powered filter for signal confirmation.
Set the number of nearest historical patterns considered (“neighbors”) for machine learning predictions.
Define the minimum required confidence for ML-based signal filtering.
Toggle to update ML calculations only on bar close—improving performance on lower timeframes.
Fine-tune the periods used for ML model inputs, including RSI, Wave Trend, CCI, and ADX.
Enable automatic Support and Resistance zone identification and plotting; adjust their “strength” and display type (levels/zones).
Show points of institutional interest, with advanced logic to prevent zone overlap and the ability to extend width/history as needed.
Plot key structural events, such as Higher Highs, Lower Highs, Higher Lows, Lower Lows, Break of Structure (BOS), and Change of Character (CHoCH). Customize label appearance, line style, and thickness.
Instantly visualize major trend direction with fully customizable, auto-updating trendlines.
Trend Ribbon & Retest Zones:
Add context with a trend “ribbon” or highlight retest zones to identify potential bounce/reversal areas.
Enable the advanced Zero-Lag Exponential Moving Average for responsive trend highlighting.
Show diamond-shaped markers when RSI readings signal potential reversal zones (below 30 or above 70).
Overlay Keltner-style channel bands to spot volatility expansions or mean reversion setups, with optional fill for easy visualization.
Tip: Every section can be tailored for your market, timeframe, and risk tolerance—allowing newer users to start simple and pros to fine-tune everything.Certainly! Here is a detailed and user-friendly rewrite of your Settings Overview section for PMALGO® Adaptive Trend Matrix:
