Nihilist Dynamic Filtered is a forex trading strategy. It is very reliable and powerful forex trading strategy. This system is focused for the swing traders but it can be used in various ways using creative mind of the traders. One of the simplest and effective ways is to enter in a trending market after the correction is complete. Nihilist Dynamic Filtered uses Heiken Ashi chart. This forex trading system consists of various versions and they can be accessed by using the different templates that are available in its package. The template we will be using in Nihilist Dynamic Filtered is Nihilist Ultra trend v2. The system consists of five indicators on the main chart. This system shows the numbers of pips you are gaining and losing in a live feed that is at the right top of the chart. It also shows the number of hours left to open up coming market session.
There are three moving averages on the main chart. EMA of 21, 60, and 30 are used. Another indicator which is a custom made moving average which is named as Kijun sen is also located at the main chart window. You can have the yellow arrow to notify you buying and selling time and price.
When the Nihilist Dynamic Filtered system is correctly installed on your trading platform, your chart should see like this:
- Nihilist Holy Grail
Nihilist Holy Grail indicator is located at the indicator window of the main chart. It does the work of filtering. You should buy when this indicator is green and you should sell when the indicator is orange.
- Nihilist ADX
It also does the work of filtering. It is green when the market is up trending and it is orange when the market is down.
- Nihilist Ultra Trend
NihilistUltra Trend is also a filtering indicator. It is green when the market is up and it is red and orange when the market is down.
- Nihilist Ultra ADX
Nihilist Ultra ADX shows the summary of the over all market. When the large portion of the square is green, the market is up, and when the large portions of the squares are orange, market is down. It is located at the main chart window.
- Forex Strategist SR
This indicator shows the support and resistance level. Supports are indicated by blue lines while the resistance is indicated by the red.
Buying Conditions Using Nihilist Dynamic Filtered System.
- Yellow arrow should appear below the price chart.
- Strategist SR indicator should appear below the price chart.
- Nihilist Holy Grail system should start forming blue and green bars.
- Nihilist ADX indicator should form green bars.
- Nihilist Ultra trend indicator should form green bars.
- Place your stop just below the recent swing low.
- Take your profit when the yellow arrow appears above the chart.
Selling Conditions Using Nihilist Dynamic Filtered System.
- Yellow arrow should appear above the price chart.
- Strategist SR indicator should appear above the price chart.
- Nihilist Holy Grail system should start forming red and orange bars.
- Nihilist ADX indicator should form red bars.
- Nihilist Ultra trend indicator should form red bars.
- Place your stop just above the recent swing high.
- Take your profit when the yellow arrow appears below the chart.
Download Free Forex Nihilist Dynamic Filtered System