The Italian Job Matrix V4 Indicator

The Italian Job Matrix V4 Indicator

Make your life easier with The Italian Job Matrix V4 Indicator that generates buy and sell signals on your charts.

The Italian Job Matrix V4 Indicator for MT4 is a combination of different indicators. These indicators work together to create a consensus on buy and sell. The indicator alerts you whenever there is an opportunity. You can also see the fractals in the data window.

How To Use The Italian Job Matrix V4 Indicator For MT4
There is no complexity in interpreting the indicator. You simply have to wait for the buy or sell alert. Enter the long position when the indicator alerts for a buy. Similarly, enter short when the indicator alerts you for a sell opportunity.

However, the question arises where to exit the trade. One way is to wait for the opposite signal to appear and close your trade, whether in profit or loss. However, this method can kill your profitability or even increase your losses.

The better way is always to enter the trade when there are three or more vertical lines. Each line shows the signal confirmation from an indicator. Hence, more lines indicate a higher probability. Once in the trade, place your stop-loss near the swing low/high and take-profit near the immediate support/resistance level.

Conclusion
The Italian Job Matrix is a standalone indicator comprised of four indicators. It helps to generate buy and sell signals with higher winning probability.