703# Nihilist trend trading

Submit by Peco 30/08/2016

Nihilist trend trading

is a template of FF , it is beyond the time frame of the trading system (H4 week).

I did some performance of this system. Here we use the following indicators:

1.) Nihilist_Ultra_Trend_V2

2.) Nihilist_Trend_Filter_1

3.) Nihilist_Trend_Filter_2

4.) Nihilist_Ultra_ADX

5.) Nihilist_Ultra_ADX_Dash_mtf

Review of systems

1.) Time Frame H4 / Daily / Weekly.

2.) Currency pair / metal either.

3.) buy-

1 Histogram (ultra trend) - lime.

2 Histogram (utf-1) - lime or dodgerblue

3 histograms (utf-2) - lime or dodgerblue.

4.) Prodaem--

1 Histogram (ultra trend) - red.

2 Histogram (utf-1) - red or orange

3 histograms (utf-2) - Red or orange

5.) exit (buy / sell)

a.) after a decent profit (up to you)

b.) a trade as long as there is the opposite signal.

c.) the weekly support / resistance level can be used.

d.), you can use a trailing stop.

e) fixed or TP -. 50/100/150/200 / or more. (Read above as tf D1 & weekly.)

6.) We care a week's level of support / resistance / labels of Pivot. as well as the psychological round labels.

7.) SL - the last swing high (for short-term trading) / the last swing low (for trade).

8.) Stay sideline events during high impact news.

You are invited to demo trade first.

Wish you luck.

- The nihilist

What Nihilist_Ultra_ADX and how to use-

Nihilist ultra adx is a bar graph type indicator that is derived from the built in ADX MT4.

if you use a template, you will find 5 rows in the window with 4 colors, square blocks.

in 1st row - ADX 7 period.

2nd row - ADX 21 periods.

3rd row - ADX 42 period.

4th row - ADX 89 periods.

5th row - ADX 144 period.

let us know the color legend-

Lime - adx growing up-trend (active bullish movement)

DodgerBlue-adx reduced to a trend (bullish movement inactive or slow the bullish movement)

Red - adx growing downtrend (Active downward movement)

DarkOrange - adx decreases with downward trend (bearish movement inactive or slow downward movement)

How to use this kit ADXs-

if the 5 lines in a column indicates lime color, then it is very active bullish movement.

if 5 rows column shows red, it is very active bearish movement.

if every time frame (specifically M5 weekly tf) shows, lime or red, you can go to class 1 trade with the maximum lot size. This is a very powerful indicator, and it will never be redrawn after the close of the candle.

In the pictures Nihilist trend trading in action.