NeuroTrend Cloud user guide: settings, the grey zone and use in an EA

Product page: https://www.mql5.com/en/market/product/190475
Short video (59 s): https://youtu.be/_ijHQM3O9bI

1. What the indicator shows

NeuroTrend Cloud draws three things on the chart:

• Centerline: an adaptive moving average (KAMA). It follows price quickly in a trend and slows down in choppy markets.
• Cloud: a band around the centerline. Its width is the ATR multiplied by a factor, so the cloud widens when the market is volatile and narrows when it is quiet.
• Arrows: a buy or sell arrow appears after a candle has closed. An arrow does not move or disappear afterwards.

The colours tell you the market phase:

2. The grey zone (neutral zone)

The grey zone is the area around the centerline where the market has no clear direction. Its width is a share of the cloud width:

neutral zone = ATR x multiplier x neutral zone width

With the defaults (ATR multiplier 1.5, neutral zone 0.4) the grey zone covers 40 % of the cloud on each side of the centerline. While the close stays inside it, the centerline turns grey, and from version 2.1 the whole cloud turns grey as well.

From version 2.1 (neutral filter): in Midline Cross mode a signal appears only when price leaves the grey zone in a new direction. If price drifts back and forth across the centerline inside the grey zone, no new arrows are drawn.

3. Installation

1. Open the product page and click Download, or search for "NeuroTrend Cloud" in the Market tab of your MT5 terminal.
2. In the Navigator, open Indicators > Market and drag NeuroTrend Cloud onto a chart.
3. Check the settings and click OK.

4. Settings

The input labels are shown in German in the settings window. The table lists each label with its meaning.

Calculation

Signals

Appearance

5. Recommended settings

Too many signals while the market is ranging? Raise the neutral zone width to 0.5–0.6 or switch to Cloud Breakout.

6. Using the cloud for stop-loss and position size

The cloud width is based on the ATR, so it shows how far price normally moves.

• Stop-loss: place it beyond the opposite outer cloud edge at the moment of entry. In a volatile market the stop is automatically wider.
• Position size: a wider cloud means a wider stop, so reduce the lot size to keep the same risk per trade.
• Exit idea: many traders close or reduce a position when the cloud turns grey or changes colour against the trade.

7. Example workflow

1. Check the higher timeframe (for example H1). Only trade in the direction of its colour.
2. Switch to your entry timeframe (for example M15) and wait for an arrow in the same direction.
3. Skip arrows that appear while the higher timeframe is grey.
4. Set the stop beyond the opposite cloud edge, size the position accordingly.
5. Manage the trade when the cloud turns grey or changes colour.

Test any approach in the Strategy Tester (visual mode) or on a demo account before using it live.

8. Use in an Expert Advisor

The indicator can be read with iCustom and CopyBuffer .

Read shift 1 (the last closed candle) so the EA works with confirmed values.

int hNTC = INVALID_HANDLE;

int OnInit()
{
   // Market products are located in the "Market" folder
   hNTC = iCustom(_Symbol, _Period, "Market\\NeuroTrend Cloud");
   if(hNTC == INVALID_HANDLE)
      return INIT_FAILED;
   return INIT_SUCCEEDED;
}

void OnTick()
{
   double buy[1], sell[1], phase[1];
   if(CopyBuffer(hNTC, 8, 1, 1, buy)   != 1) return;
   if(CopyBuffer(hNTC, 9, 1, 1, sell)  != 1) return;
   if(CopyBuffer(hNTC, 7, 1, 1, phase) != 1) return;

   bool buySignal  = (buy[0]  != EMPTY_VALUE);
   bool sellSignal = (sell[0] != EMPTY_VALUE);
   bool neutral    = (phase[0] == 2.0);

   // your entry and exit logic here
}

void OnDeinit(const int reason)
{
   if(hNTC != INVALID_HANDLE)
      IndicatorRelease(hNTC);
}

The path must match the name shown in the Navigator under Indicators > Market. To pass your own settings, add the inputs to iCustom in the same order as in the settings window.

9. Frequently asked questions

Does the indicator repaint?
With "Signal erst nach Bar-Abschluss" = true, arrows are set only on closed candles and stay where they are. The centerline and the cloud on the current, still forming candle move with price until the candle closes, like any moving average.

Why do I see no arrow although the line changed colour?
In Midline Cross mode with the neutral filter (2.1), an arrow appears only when price leaves the grey zone in a new direction. A change from grey back to the previous trend colour does not create a new arrow.

Which markets and timeframes?
All symbols and timeframes: forex, gold, indices and crypto. Adjust the settings to the volatility of the symbol (section 5).

The cloud covers the candles too much.
Raise "Wolken-Transparenz", for example to 50–70.

Questions and suggestions are welcome in the comments on the product page. If the indicator is useful to you, a short review helps other traders find it.

Disclaimer: This guide is for educational purposes only and is not financial advice. Trading involves risk.