Example 1: Colors and Simple Indicators

Learning by doing with examples is indeed one of the best ways to learn. Neuroshell Trader provides sample charts, the sample directory path to C:\NeuroShell Trader<version>\Charts\

I assume you already understand how to :

  • Opening the chart
  • Adding indicators
  • Create a trading strategy

Ok, let’s begin.

  1.  Open chart example 1 - Colors and Simple Indicators. Click File -> Open -> navigate to the directory C:\Neuroshell Trader<version>\Charts\ -> select Example 1 -> then click Open. You may get the tutorial window opened. To remove the page Help -> Interactive tutor.
  2. Open a new chart with any symbol or time frame for creating a copy indicator or trading strategy like the example chart. So it will look like this.



Now, let's go ahead.


  1. To create Avg (Close, 22) = Insert -> New Indicator -> Averages -> Simple Moving Average (Avg) -> Avg Period = 22 -> Finished. Then change the Avg color (Close, 22) to Red.
  2. To create Avg (Close, 5) = Insert -> New Indicator -> Averages -> Simple Moving Average (Avg) -> Avg Period = 5 -> Finished. Then change the Avg color (Close, 5) to Blue.
  3. To create Sub (Avg (Close, 5), Avg (Close, 22)) = Insert -> New Indicator -> Arithmetic -> Substact (Sub) -> Operand # 1 fill with Avg (Close, 5) and Operand # 2 contents with Avg (Close, 22) -> Finished. Right Click Sub (Avg (Close, 5), Avg (Close, 22)) -> Format Selected Indicator -> change Style with line bars -> Click Multi-Colored Tab -> check Upper / Lower Range Color -> change Upper Range Color with Blue and Lower Color Range with Red -> Click OK.

Now we have finished creating an indicator like in example 1





Next jump to Example 2