Trending trading strategy Nihilist Dynamic

Trending trading strategy Nihilist Dynamic is suitable for trading on any timeframe, uses a set of author's technical indicators to identify and filter signals for entry and assumes two trading options.

Input parameters

• Currency pairs: any.
• Timeframe: M15 and higher.
• Bidding time: any.
• Risk Management: After calculating the stop loss, choose this lot sizeto risk no more than 2-5% of the deposit per trade.

Used indicators

• Heiken Ashi MA T3;
• Kijun Sen;
• Dynamic Gaoins arrows (optional);
• Sonic Panel;
• Forex Strategist;
• Pipsometer;
• Nihilist ultra ADX dashboard;
• Synergy APB;
• EMA 60, EMA 21, EMA 34;
• Nihilist holy grail;
• Nihilist filter 1;
• Nihilist filter 2;
• Forex Joker filter.

Installing indicators and strategy template

• Unpack the archive with templates and indicators.
• Copy the indicators to the folder MQL4 -> indicators.
• Copy the template into the templates folder.
• Restart the terminal.
• Open the chart of the desired currency pair.
• Install a template named Nihilist Dynamic.
• The schedule should look like this:

Option No. 1: Trading on signals of all indicators

Signals indicating the opening of a long position (buying)

1. The price is above the support level (blue line).
2. The price is above the Kijun Sen line (solid orange line on the price chart).
3. The Nihilist holy grail indicator (under the price chart) is green.
4. The Nihilist ultratrend indicator (top square in the lowest window) is green.
5. A stop loss is placed just below the nearest local minimum.

Signals indicating the opening of a short position (sale)

1. The price is below the resistance level (red line).
2. The price is below the Kijun Sen line.
3. The Nihilist holy grail indicator is red in color.
4. The Nihilist ultratrend indicator is red in color.
5. Stop Loss is set just above the nearest local maximum.

Option #2. Trading on Ultra Trend indicator signals

Signals indicating the opening of a long position (buying)

1. The price is above the support level.
2. The Nihilist ultratrend indicator is green in color.
3. The Nihilist Trand Filter 1 indicator (second square in the lowest window) is green.
4. The Nihilist Trand Filter 2 indicator (third square in the lowest window) is green.
5. A stop loss is placed just below the nearest local minimum.

Signals indicating the opening of a short position (sale)

1. The price is below the resistance level.
2. The Nihilist ultratrend indicator is red in color.
3. The Nihilist Trand Filter 1 indicator (second square in the lowest window) is red.
4. The Nihilist Trand Filter 2 indicator (third square in the lowest window) is red.
5. A stop is placed just above the nearest local maximum.

Exit options

• When a signal appears in the opposite direction.
• At support/resistance levels.
• At a fixed take profit.
• By trailing stop.

The NIHLIST ULTRA ADX indicator (panel in the lower right corner) can be used as an additional tool.

• If all five squares in a column are colored green, it indicates a strong upward movement.
• If five squares in a column are colored red, it indicates a strong downward movement.
• If on the M5-W1 timeframes all squares are colored the same color (green/red), this is also a good sign for successful trading.

According to ForTrader.org experts, Nihilist Dynamic trend trading strategy is oversaturated with technical indicators and it will be quite difficult for a novice trader to understand it. Traders with experience can simplify the strategy by replacing some bundles of indicators with a single indicator. It is advisable to use the strategy in short- and medium-term trading on currency pairs with a pronounced trend character.

Download template and indicators

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