A free trading indicator compatible with different time frames is explained. It can improve trading results with Kanashii candles and neural network integration. The tutorial covers how to remove unnecessary functions, use entry and exit points, and automate the trading through a strategy. Finally, a tool called “TradingView Auto-Trader” is introduced to increase profitable trades.
How to Use the Neural Network Indicator for Trading: A Comprehensive Guide
Introduction: How Telegram Members Help Each Other Trade
Before we dive into the technical details of trading with the Neural Network indicator, I want to take a moment to thank all our Telegram members who voted and shared their opinions. It’s thanks to their support and collaboration that we can trade as one cohesive unit. If you haven’t already, I encourage you to subscribe to our Telegram channel to stay up-to-date on our latest recommendations and successful deals. With that said, let’s get started.
Step 1: Choosing a Time Frame and Candle Type
The first step in using the Neural Network indicator is to choose a time frame. While this indicator is compatible with any time frame, we recommend starting with a three-minute interval. Additionally, we suggest using high Kanashii candles for optimal performance.
Step 2: Applying the Indicator and Adjusting the Settings
To apply the Neural Network indicator, search for “neural network” in the search box, and choose the first indicator that appears. Once you’ve applied the indicator, you’ll notice several functions that you can adjust to suit your preferences. Firstly, we recommend unchecking the “Tables” box under the “Style” section. Next, uncheck “Trades on Chart” to make the chart easier to read. Don’t worry; we’ll return to this point later.
Step 3: Understanding the Entry and Exit Points
After adjusting the settings, you’ll notice that the indicator’s entry and exit points are much clearer. While small triangles indicate an entry or exit point, these points may be weak if they’re not accompanied by a breach with the HMA (Hull Moving Average) line. Conversely, strong entry and exit points are denoted by signals.
Step 4: Understanding the Indicator’s Integrated trading strategy
Now that we’ve covered the basics of the Neural Network indicator let’s take a deeper look at its integrated trading strategy. Under the Strategy section, you’ll notice several readings and numbers, including the profit, the number of deals, and the percentage of successful trades. Additionally, you’ll see the profit factor and max drawdown, which we’ll explain shortly.
Step 5: Comparing Strategies and Choosing Your Own
To find a less complex strategy for trading, type “strategy” into the search box, and choose from a list of available strategies. Keep in mind that these strategies may not be as effective as the Neural Network indicator, but they’re a useful starting point for beginners.
Step 6: Using the Google Chrome Tool
One of the most useful tools for trading with the Neural Network indicator is the Google Chrome Tool. This tool allows you to track trading patterns in real-time, giving you an edge over other traders. To use the tool, first, register with your email and password, then copy your key. Next, go back to Trading View, open the tool, and input your currency pair and time frame. Finally, open the indicator’s settings and choose the EMA pressure as your entry point.
Conclusion: Trading Like a Pro with the Neural Network Indicator
By following these six steps, you’ll be well on your way to trading like a pro with the Neural Network indicator. As you become more familiar with this powerful tool, you can experiment with different settings and strategies to find what works best for you. Whether you’re a seasoned trader or just starting, the Neural Network indicator is a valuable addition to your trading arsenal.