Forex Nihilist Stochastic Oscillator Trading System with Moving Average Trend Indicator

Forex Nihilist Stochastic Oscillator Trading System – is trend following and price action strategy based on the Nihilist, Stochastic Oscillator, and MA Trend with I-regression indicator.

 
Stochastic Oscillator‘ – A technical momentum indicator that compares a security’s closing price to its price range over a given time period. The oscillator’s sensitivity to market movements can be reduced by adjusting the time period or by taking a moving average of the result. This indicator is calculated with the following formula:

%K = 100[(C – L14)/(H14 – L14)]

C = the most recent closing price
L14 = the low of the 14 previous trading sessions
H14 = the highest price traded during the same 14-day period.

%D = 3-period moving average of %K

 

BREAKING DOWN ‘Stochastic Oscillator – The theory behind this indicator is that in an upward-trending market, prices tend to close near their high, and during a downward-trending market, prices tend to close near their low. Transaction signals occur when the %K crosses through a three-period moving average called the “%D”.

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Nihilist Stochastic Oscillator Trading Rules

 

Best Time Frame : 15 min or 30 min.

Currency pairs : EUR/USD, GBP/USD, AUD/USD, AUD/JPY, GBP/JPY, NZD/USD, USD/CAD, USD/CHF, EUR/JPY. Indicies: S&P 500, Dow Jones, DAX, FTSE.

If the I-regression is above the MA Trend and FR-Trend lines you are looking for BUYS , if below you are looking for SELLS and if between Fr-Trendlines the price action is FLAT.

 

BUY Rules
  • Nihilist indicators all green,
  • Blue Stochastic above Yelow stochastic,
  • Price above MA Trend,
  • I-regression above Fr-Trend lines,
  • I-Gentor green and blue color( optional),
  • Delta trend buy arrow.

Enter the trade at the close of the bar when you get the signal arrow.

 

SELL Rules
  • Nihilist indicators all red,
  • Blue Stochastic below Yelow stochastic,
  • Price below MA Trend,
  • I-regression below Fr-Trend lines,
  • I-Gentor red and yellow color (optional),
  • Delta trend sell arrow.
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Enter the trade at the close of the bar when you get the signal arrow.

 

Exit position at the opposite arrow or make profit at the pivot points levels. Initial stop loss at the previous swing.

This trading system is also good for trading with binary options high/low. Expiry time 4-6 candles.



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