Dear Member,
As you may know, we have had two separate systems:
• Matsys-T which is basically a trend-following system and
• Matsys-R which is a reversal trigger system
These systems each have advantages and weaknesses, so for some time we have been working on combining them so we would get the advantages of both and reduce the effect of the weaknesses.
The advantages we seek to obtain with the new combined Matsys-TR are among other:
• Signals are triggered earlier enabeling better profit on smaller moves
• Fewer, but more productive signals
• No non-productive reversals in a tight range market
• Fewer updated to the dynamic stop loss levels
• Fixed targets to be used as alternative to dynamic stop loss
Here is how is work:
When a trade is signalled, you enter an initial position of two lots (as before). The size of the lots depends on your available funds and your risk affinity. The trade is entered with an ATR stop loss, which is provided together with the signal. There will be two fixed profit target. The first target is for 60 pips and the second target is for 120 pips – one target for each of the two positions. (You may choose to open one position only with a 60 pips target). If you are not able to watch the market continously, you may leave the position running unattended with the fixed stop loss and target. However, the system will continuously calculate the optimum profit stop loss (as before) and send updates. Updates are only sent if the stop loss moves 5 pips or more. The web is updated in smaller increments. As a trade moves towards profitable territory, one lot may be added thus increasing profits without increasing the risk. If add-ons are made, the stop for the entire trade is adjusted to the ATR for the most recent add-on. If a trade turns bad, updates to the ATR stop loss will limit the loss. And as before when the Matsys-T program detects that the profitability of the trade is about to be exhausted, it will narrow the profit stop loss until the trade is terminated.
Existing Matsys-T and Matsys-R subscribers
As you can see, the new system is not very different from the old Matsys-T. Existing Matsys-T subscribers will receive the new Matsys-TR signals and treat them just as before. However, as a consequence if the integration we will terminate Matsys-R as a separate system. The current Matsys-R subscribers have been offered a favorable transition to Matsys-TR
Matsys-D
As you may be aware, we are currently running a pilot with a dynamic pivots based signal, Matsys-D (for details please visit http://www.fxwintrades.com/DPilotSubs.htm). We plan to run the pilot until December 9. After that time it will be offered as an integral part of our signal service.
Subscription rates
Rather than having several different products which is confusing to subscribers and cumbersome for us to administrate, we have decided to have a unified package that contains all of our services. The price will remain the same as for Matsys-T today, that is US$180 per month. As we enhance or add additional services, the price may increase. However, the price at which you subscribe is guaranteed for at least 3 years or until you cancel. So if you subscribe today at the current rate of US$180 per month, you will get future service additions/enhancements at no extra cost.
Automated Trade Execution Software
Matsys generates signals around the clock, but we all need to sleep sometime or do other chores. We have tested the automated execution software provided by TRADEITSELF and found it works satisfactorily. You may want to use that to catch and execute Maysys signals when you are not able to monitor the market personally. For additional details, please see http://www.fxwintrades.com/AutoTrading.htm.
We are in the process of preparing additional support information to show how to set up Tradeitself. Please note that we have no control of the Tradeitself product and you are yourself totally responsible for the use of this product and any consequences thereof.
