Description
The function "PL_NEURO" draws the essential results of a neural System as pricelines with the following significance into the charts:
- the expected daily high (upper line)
- the expected daily low(lower line)
- the expected shortterm direction results from the colors:
- green for expected rising prices
- red for expected falling prices
The opposite line is highlighted in yellow.
Details
PL_NEURO
The function "PL_NEURO" draws essential results of a neural system as pricelines with the following significance into the charts:
- the expected highest price of the day (upper line)
- the expected lowest price of the day (lower line)
- the expected shortterm direction
(green for expected raising prices, red for expected falling prices, the opposite line is highlighted in yellow)
Usage
The function "PL_NEURO" can be used as an important element in trading and provides information about:
- where is the currenct price based on the expected daily range
- what would be the preferred direction for trades
In combination with your trading idea and your other analysistools you can use the "PL_NEURO" for your entire trading, especially for:
- Selection of the appropriate instrument
- Selection of the prefered trade direction
- Selection of entry strategy (trendfollowing, countertrend, ...)
- Entry
- Exit
- Target
- Stops
Special Features
- when changing the instrument in the chart, the lines are automatically adapted
- the lines are automatically activated or deactivated in higher timeframes
- with one keystroke you can show or hide the lines
Data Maintenance
The data are provided by us and retrieved by the strategy.
Availability
The function "PL_NEURO" is part of the TT4Y_fxLevelLines, that are offered as a subscription (based on tools and dataservice).
Image
Example:
- EURUSD 15 min
Read more:
Function-Matrix for JForex/Dukascopy