MATTRIX 8x  /  MetaTrader 5  /  v1.33

Cockpit

Where price sits, what the timeframes say, and whether the two agree — on one screen, on any symbol.
IN CHART VERITAS

01What it is

A context layer, not a signal generator. It draws the range of a window you choose, tells you how the timeframes above you are leaning, and marks how favourably price sits between the two. Every reading describes the situation; where and when to act stays a chart decision.

02The range window

A candle count means something different on every timeframe — 70 candles are six hours on M5 and a quarter of a year on D1. The window can therefore follow the calendar instead.

SettingWindow
AutoBy chart timeframe: up to M15 the current day, up to H4 the current week, up to D1 the current month. Above D1 the fixed count applies.
Today / This week / This monthYou set the anchor.
Fixed bar countThe classic behaviour.

Monday morning and the first of the month hold too few candles for a meaningful range, so whole previous periods are added until the minimum is reached. The tag beside the countdown shows what you are actually looking at: M2D+2 49 means month-to-date plus two earlier months, 49 candles in total.

Within the window, the upper and lower zones mark the top and bottom slice of the range. They are drawn from candle bodies by default, so wicks stand out as rejections rather than defining the edge.

03The three lines, bottom right

Countdown to the close of the current candle, with the window tag beside it.

BIAS as one Long/Short number, weighted across four timeframes. Each contributes according to how far price stands from its EMA50, measured in ATR — a market clinging to its average counts for less than one standing well clear of it. Flat timeframes pull the value toward neutral rather than faking conviction.

RR gives the reward-to-risk of going long or short from here to the opposite edge of the range. Sitting on an edge drives one leg to zero, so the ratio is capped at 10:1 and marked (at edge); outside the range it reads outside range (breakout).

04The timeframe column

M1 through MN, each showing UP, DN or ~. The rule is strict on purpose: UP needs price above the EMA50 and that EMA rising. One condition alone gives ~. A single timeframe reading DN inside an otherwise rising column is not a contradiction — it is a correction on that scale.

D1, W1 and MN also show their performance from the previous close to the current bid.

05The barometer

The bar beside those three rows answers the question the other readings leave open: is this a good place to join? It multiplies the bias direction by how favourably price sits inside the window.

Direction is readable without colour. The fill grows upward for long and downward for short, from a marked centre. Cyan and amber were chosen over the usual green and red because they stay distinguishable with red-green colour deficiency.
It needs Bias mode = Auto, which is the default. In the fixed modes the bias comes from a set of timeframes that has nothing to do with the chart window, and mixing the two would produce a number whose meaning changes silently. The bar then stays grey. It also greys when the D1 move contradicts the bias — show the disagreement, do not hide it.

06Profile — POC and value area

Off by default. The range box shows where the extremes were; the profile shows where the market actually spent itself. POC is the busiest price band, VAH and VAL enclose 70 percent of the profile.

TPO counts how many candles touched each band and needs no volume at all. Volume uses tick volume, which on FX and CFDs counts price changes rather than traded size.

On synthetic charts use TPO. On real symbols the two land in nearly the same place, which is what you would expect. On MATTRIX synthetic symbols they diverge systematically — the tick count there is a by-product of how the symbol is built, not a measure of market activity.

07Alerts

A close entering a zone, leaving a zone, or leaving the range entirely. The setup alert is off by default: it fires only when a zone entry agrees with the bias.

08Notes