Once your matrix is generated, you’ll see a table that shows the potential outcomes based on the parameters you’ve set. Here’s how to read and understand the different elements of the matrix:

• Left-Hand Side – Stop Loss in Pips
  This column shows the various stop loss levels you’re analysing, measured in pips. For example, you might see rows for a 5 Pip Stop, a 10 Pip Stop, a 20 Pip Stop, etc.
• Top Row – X Value
  The top row shows multiples of your stop loss. These multiples represent how many times your stop loss is the size of your target. For example, you’ll see 1x Stop, 2x Stop, 3x Stop, and so on, up to 10x Stop.
  These values represent the potential reward compared to your stop loss. For example, 2x Stop means the target is twice as large as your stop loss.
• Reading the Values in the Matrix
  Each cell in the matrix will show a percentage value that indicates how often the price reached your target based on your stop loss and the corresponding multiple.
  Example: If you set a 10 Pip stop and a 2x target (i.e., 20 pips), the matrix may show 6% in the corresponding cell. This means that with a 10 Pip stop and a 20 Pip target (2x stop), the price reached the 20 Pip target 6% of the time.
  The values are colour-coded for easier interpretation:
  • Green indicates a higher probability of success.
  • Red indicates a lower probability of success.
  • Yellow indicates a neutral or break-even probability.