Nihilist Ultra Trend is a forex trading system. Nihilist Ultra Trend is a trend following forex trading system. It is a swing trading system. The Nihilist Ultra Trend system can be used to trade in higher time frames as well in lower time frames. There are many indicators in this trading system yet the charts are pretty clean. Basically you should be looking for moving averages crossovers and the color of the bars.
Since Nihilist Ultra Trend is a trend following forex trading system, you should take trades only in the direction of the market. Any trades taken in opposite direction of the market will hurt you. It’s enough to use the indicators that are in this trading system. The Nihilist Ultra Trend system generates clear buy and sell signals.
When Nihilist Ultra Trend forex trading system is correctly installed in your trading platform, your chart should look like this:
- Moving Averages
There are four moving averages used in this forex trading system. When the market is above all the moving averages, it’s a buy signal and when the market is below all the moving averages, it’s a sell signal.
- Synergy APB Mod
Synergy APB Mod is the green and red bars that you see in the main chart window. When you see green bars you should start buying and you see consecutive red bars you should sell.
- Nihilist ADX
Nihilist ADX consists of green, blue, red, and orange square boxes. You should be buying only when the green square boxes appear in the indicator window and you should sell when you see red square boxes.
- Nihilist Ultra Trend
Nihilist Ultra Trend also consists of similar boxes as of Nihilist ADX. Therefore, you should be buying when the boxes are green and you should be selling when the boxes are red.
Buying Conditions Using Nihilist Ultra Trend.
- Market should be above all the moving averages.
- Several bullish candles should form.
- The Nihilist Adx should from green square boxes.
- The Nihilist Ultra Trend should form green boxes.
- Place your long position as soon as above conditions are met.
- Place your stop loss just below the recent swing low.
- Take your profit when the bars on the main chart turn red.
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Selling Conditions using Nihilist Ultra Trend system.
- Market should be below all the moving averages.
- Several bearish candles should form.
- The Nihilist Adx should from red square boxes.
- The Nihilist Ultra Trend should form red boxes.
- Place your short position as soon as above conditions are met.
- Place your stop loss just above the recent swing high.
- Take your profit when the bars on the main chart turn green.
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