Nexus Signal System
- Indicators
- Vincent Jose Proenca
- Version: 6.0
- Activations: 5
TECHNICAL DESCRIPTION
The Nexus Signal System is an MT4 indicator that combines 12 technical criteria to generate trading signals. The system analyzes the confluence of multiple factors (trend, momentum, volume, S/R zones) before validating a signal, which reduces the number of false signals compared to indicators using a single criterion.
ANALYSIS CRITERIA (Scoring 0–15 points):
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Pattern detection (pin bars, engulfing)
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Multi-Timeframe Analysis (higher timeframe trend confirmation)
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ADX Market Regime (avoids non-trending markets)
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Support/Resistance Zones (automatic swing points)
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Moving Averages 20/50/200 (trend alignment)
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RSI 14 periods (momentum)
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Relative Volume (institutional confirmation)
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ATR (volatility)
FEATURES:
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Signals with transparent quality score (0–15)
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Automatically detected S/R zones displayed on chart
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Preliminary signals (current bar) and confirmed signals (closed bar)
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Stop Loss and Take Profit calculated using ATR
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Dashboard with real-time market information
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8 color themes for visual customization
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56 configurable parameters to adapt to your trading style
USAGE:
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INSTALLATION: Compile in MetaEditor and attach to chart
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KEY PARAMETERS:
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Min_Signal_Score : Sets the minimum quality threshold (default 6.5/15)
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MTF_Timeframe : Confirmation timeframe (default H4)
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Color_Theme : Choice of 8 visual themes
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INTERPRETATION:
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High score (≥8) = More criteria validated = Higher probability
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Low score (≤6) = Fewer criteria = Lower probability
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[Score] in brackets = Preliminary signal, may change
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Score without brackets = Confirmed signal, will not change
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TRADING:
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The indicator does NOT place orders automatically
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The user decides whether to enter based on their strategy
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Follow proper risk management (1–2% per trade recommended)
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Test on demo before trading live
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IMPORTANT WARNINGS:
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No indicator guarantees profits
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Past performance does not predict future results
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Results vary depending on market conditions
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Requires trading knowledge (not for absolute beginners)
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Should be combined with proper risk management
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Demo testing strongly recommended before live use
TECHNICAL REQUIREMENTS:
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MetaTrader 4 (Build 1355 or higher)
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Basic MT4 and Forex trading knowledge
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Windows (Consolas font required, installed by default)
RECOMMENDED TIMEFRAMES: H1, H4 for best signal-to-quality ratio
