Introduction to the Meta Neural Dashboard Indicator
Most indicators provide simple technical indications such as trend direction, possible reversal signals, or other technical analysis information. Only a few indicators provide complete trade setups.
The Meta Neural Dashboard Indicator is one of the few technical indicators which provide complete trade setups and instructions.
What is the Meta Neural Dashboard Indicator?
The Meta Neural Dashboard Indicator is a trend direction and trend reversal signal indicator which was developed to help traders identify the directional bias of price and provide trade signals whenever price is showing signs of a probable reversal.
The Meta Neural Dashboard Indicator is a template that plots support and resistance lines, as well as a dashboard indicating the directional bias of the market. It also provides trade signals and instructions such as when to open a trade, hold a trade, take partial profits, or any other trading instructions based on the market trend and momentum.
How the Meta Neural Dashboard Indicator Works?
The Meta Neural Dashboard Indicator is a two indicator template. One plots the support and resistance lines, while the other identifies the trade signals and provides trade instructions.
The Meta Neural VSA SR Indicator plots the horizontal lines, which are used as support and resistance lines. It uses a complex algorithm which are based on the open, high, low, and close of price for the day.
The Meta Neural Dashboard MT4 Indicator interprets price movements in relation to the support and resistance levels and provide trade instructions. It also incorporates the open and close of each market session within its algorithm. The algorithm it uses is very complex with various filters which helps it identify trade signals.
How to use the Meta Neural Dashboard Indicator for MT4
This template uses two indicators with different variable settings.
The Meta Neural VSA SR Indicator has a couple of variables which can be modified.
The “Bars Back” and “Daily Look Back” variables can be modified to adjust the number of daily price bars which the indicator would use to calculate for its support and resistance lines.
The Meta Neural Dashboard MT4 Indicator has several options, most of which are visual modifications.
“Asia-session start”, “Euro-session start”, and “US-session start” modifies the market open time of each session to adjust for the time zone difference with the broker’s server.
“AlertDBias”, “EmailDBias”, “AlertSecondTxt”, and “EmailSecondTxt” toggles the trade alert options on or off.
The other options are mostly visual modifications of the trade signals and indications.
It is important to apply the “metaneural_vsa_sr” indicator first then add either the “metaneural_dashboard_nmc” or “Meta Neural Dashboard MT4 Indicator” for the indicator to display the lines and the dashboard.
Buy Trend Bias
The indicator should show the statement “Directional Bias for today is UP”. Open a buy order as soon as the “Open BUY at…” and “Set TP at…” instruction is displayed, then follow the trade instructions.
Sell Trend Bias
The indicator should show the statement “Directional Bias for today is DOWN”. Open a sell order as soon as the “Open SELL at…” and “Set TP at…” instruction is displayed, then follow the trade instructions.
Conclusion
This technical indicator is an indicator which provides a complete trade setup. It is unclear what strategy the indicator uses since the algorithm is complex. However, it is clear that it identifies trend and momentum bias by comparing price movements in relation to the support and resistance levels.
Traders should still test it before implementing the strategy in a real account.
MT4 Indicators – Download Instructions
Meta Neural Dashboard Indicator for MT4 is a Metatrader 4 (MT4) indicator and the essence of this technical indicator is to transform the accumulated history data.
Meta Neural Dashboard Indicator for MT4 provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly. Click here for MT4 Strategies
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How to install Meta Neural Dashboard Indicator for MT4.mq4?
- Download Meta Neural Dashboard Indicator for MT4.mq4
- Copy Meta Neural Dashboard Indicator for MT4.mq4 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader 4 Client
- Select Chart and Timeframe where you want to test your MT4 indicators
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader 4 Client
- Right click on Meta Neural Dashboard Indicator for MT4.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator Meta Neural Dashboard Indicator for MT4.mq4 is available on your Chart
How to remove Meta Neural Dashboard Indicator for MT4.mq4 from your Metatrader Chart?
- Select the Chart where is the Indicator running in your Metatrader 4 Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
Meta Neural Dashboard Indicator for MT4 (Free Download)
Click here below to download:
La entrada Meta Neural Dashboard Indicator for MT4 se publicó primero en ForexMT4Indicators.com.