Neuro Shell Forex System

NeuroShell Forex System is a trend following system that find to trade on the best currency pairs on the forex market with a currency strength indicator MT4.

Indicators MT4

Pair Analizer

Precios Trend Candles (period 21, sensitivity 2.7, with alert: enable alert, ).

How to trade with NeuroShell

The NeuroShell system contains two indicators: The Pairs Analyzer and the NeuroShell indicator.

Pair Analyzer

NeuroShell software will not only show you the optimumentrance, but also the top pairs that will bring you the most profit.

Before you open any trade, please check the top trendingcurrency pairs frist on the Pairs Analyzer indicator.The first 3 and last 3 currency pairs from the top and bottomare the best trending currency pairs on any give timeinterval.As can be seen from the example above, the most bullish pairs to buy are the USD/CAD, EUR/GBP and EUR/AUD.The most bearish pairs to sell are the GBP/USD, GBP/JPY and AUD/USD.

Now choose any or more of these pairs to trade and wait fora signal given by the NeuroShell indicator.

Buy Trade Example

As can be seen from the Pair Analyzer indicator, theUSD/CAD is the strongest trending pair to the upside on theM5 chart.So, I load this chart because this is an interesting pair totrade the buy signals given by the NeuroShell indicator.

Attention

We are only trading with the uptrend (green buy starsignals).Avoid trading against the uptrend (ignore all red sell starsignals). We are not interested in trading against the uptrend. Patiently wait for any new green star buy signal to appear on the chart.

1 Trade entry & stop-loss

Open buy trade when a green buy signal appears on the chart.Place a protective stop-loss below the most recent swinglow price.

2 Take profit methods:  Close the open buy trade when the NeuroShell indicator gives a sell red arrow.  Close the trade at a predetermined take profit level (for example, go for 15 pips each on the M5 chart or for 60 pips on the H1 chart.

Sell Trade Example

As can be seen from the Pair Analyzer indicator, the AUD/JPY is the strongest trending pair to the downside on the H1 chart. So, I load this chart because this is an interesting pair to trade the sell signals given by the NeuroShell indicator. Attention. We are only trading with the downtrend (red sell star signals). Avoid trading against the downtrend (ignore all green buy star signals). We are not interested in trading against the downtrend. Patiently wait for any new red star sell signal to appear on the chart. If you want to get alerted, please enable the alerts directly from the NeuroShell indicator inputs tab.

1 Trade entry & stop-loss

Open sell trade when a red star sell signal appears on the chart.

Place a protective stop-loss above the most recent swing high price.

2 Take profit methods:

 Close the open sell trade when the NeuroShell gives a buy green arrow.  Close the trade at a predetermined take profit level (for example, go for 15 pips each on the M5 chart or for 60 pips on the H1 chart.

In the pictures examples of trdes with Neuro Shell Forex System.

Download NeuroShell Forex System indicators and template metatrader 4.