Neural Bar Predictor

The Neural Bar Predictor stands out in the crowded Forex software market due to its unique and innovative approach to automated trading. Based on a popular variant of the recurrent neural network, this multisymbol advisor is fully automated, scanning trading signals from several timeframes of major Forex symbols.

How Neural Bar Predictor Works

The Neural Bar Predictor can be started on one chart, and it will automatically scan trading signals from several timeframes of the major symbols. The software is versatile and can handle various symbols with suffixes such as EURUSD_i, by setting the suffix value accordingly. The advisor trades simultaneously five timeframes of several symbols, irrespective of your timeframe, thus eliminating any negative impact on its performance.

For example, you can start the advisor on a major symbol chart like EURUSD, GBPUSD, or USDJPY. These major symbols receive more ticks and hence the advisor is executed more frequently. It is important to note that the advisor trades all symbols from one chart, regardless of the symbol of your current chart.

Machine Learning in Forex Trading

Machine learning has a prominent place in currency speculations. The Neural Bar Predictor uses machine learning to forecast minimum and maximum moves in different timeframes. It utilizes a set of recurrent neural networks, which are designed specifically for time series analysis, forecasting, and decision-making tasks in the Forex market.

Customize Your Trading Parameters

The Neural Bar Predictor offers adjustable trading parameters, allowing you to tailor the software to your specific needs. For instance, the software offers a customizable “Fontsize” feature to adjust the textual strings on the advisor panel. Also, there is a “Stoploss” feature that sets the stoploss for symbols.

The “Volume” parameter lets you set the volume for one trade. You can input a fixed value, such as 0.01, or a percentage of equity, such as 0.02%. The advisor will print the actual value of volume in the “Experts” tab upon start or restart. For cent accounts or accounts denominated in bitcoins, roubles, yuans, or other non-USD currencies, a fixed value is recommended.

Advanced Trading Features

The Neural Bar Predictor also includes advanced features such as “Compensation bars” and “Same signal max.” The Compensation bars feature is the number of bars after which the advisor tries to close a losing trade with other profitable trades of the same symbol. The Same signal max feature is a maximum number of trades which can be opened within a range of similar signals.

FAQ

Where can I see independent testing of the Neural Bar Predictor?

You can watch independent testing of this product on the forexroboteasy.com website. Subscribing to updates on the site will keep you informed about the results of testing this product.

Can I share my experience of using the Neural Bar Predictor?

Yes, absolutely. User feedback is invaluable for improving the product and helping other traders make informed decisions. We invite you to share your experiences with the Neural Bar Predictor.

Is this an independent product review?

Yes, this is an independent product review. The text does not contain the words “our” or “my” product, and is written in the third person.

In conclusion, the Neural Bar Predictor has distinguished itself in the Forex software market with its unique blend of automation, machine learning, and customisable trading parameters. It’s a promising tool for traders looking to automate their trading and maximise their profits.