1. Getting Started.
To open new chart, click on new chart button on the left
A new window will show up, select which currency pair you want to open and then click on “Open”
You will see the currency pair you have selected has opened in new tab.
2. How to trade using xtreempoint.
You can trade any currency pair your like, After you get a signal, use the money management calculator to control your risks.
Each currency pair has two signals:
Short term signals: this’s for intra-day traders who may hold a position for a few seconds or minutes as well as short-term swing traders, who may hold a position for a day.
Long Term: this’s for trader who manage a position for several days to several weeks.
If you get a sell signal:
Place a sell pending order and if the price hit the entry price then keep the position open until the price hits the target or stop loss.
If the price didn’t reach the entry price and went on the opposite direction and you get a buy signal, delete the pending sell order and place a new buy pending order and keep the position open until the price hits the target or stop loss.
If you get a buy signal:
Place a buy pending order and if the price hit the entry price then keep the position open until the price hits the target or stop loss.
If the price didn’t reach the entry price and went on the opposite direction and you get a sell signal, delete the buy pending order and place a new sell pending order and keep the position open until the price hits the target or stop loss.
3. Xtreempoint Market Analysis
Trend meter shows exactly you how strong is the trend on 3 time frames.
The stronger the trend the stronger the signal, xtreempoint will only give you a signal when the trend strength is 100%.
Please note that xtreempoint uses other factors as well when giving a signal not just the trend so if you didn’t get a signal even if trend is 100% that’s totally normal.
Multiple-time frame market analysis:
Xtreempoint uses 5 leading indicators and candlesticks patterns scanner on multiple time frames to analysis the market.
Each indicator shows you the price direction, up blue arrow means the price is going up, red down arrow means the price is going down.
15m = 15 minute time frame.
30m = 30 minute time frame.
1h = 1 hour time frame.
4h = 4 hour time frame.
1d = daily time frame.
1w = weekly time frame
4. candlesticks patterns scanner
Forecast Strength: Tells you the strength of the pattern (Strong, Moderate or Weak).
Screenshot: Screenshot of the pattern.
Pattern Name: The Candlestick Pattern Name.
Forecasts: where the price should go.
Timeframe: the timeframe where the pattern was found.
5. Change or update your license.
If you want to update your license, click on the License button on the left.
Enter your email address and paste the license key into the key field
Click on “Save New License" button.
Close Xtreempoint and open it again.