High Profits GBP-USD & EUR-USD Currency Trading and Exchange with NIHILIST RSI Forex Trading System

Top Best GBP-USD & EUR-USD Forex Trading System – High Accuracy Currency Trading and Exchange with NIHILIST RSI Forex trading strategy that works. Although Nihilist-RSI forex trading system might seem complicated it follows a series of logical buy/sell rules.

Nihilist-rsi-trading

 
With enough practice using this trading strategy, traders can easily trade this system on higher time frames as well as modify it to suit their requirements.

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.

 

Nihilist Ultra ADX Colors :

  • 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)
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NIHILIST RSI Forex Trading Rules

This is a very powerful Forex Trading System, and it will never be redrawn after the close of the candle.

  • Best Time Frame : H4 / Daily / Weekly.
  • Currency pairs : GBP-USD, EUR-USD

 

BUY Rules

Nihilist-rsi-trading-BUY

  • 1st row – Nihilist Ultra ADX 7 period – lime or dodgerblue.
  • 2nd row – Nihilist Ultra ADX 21 periods – lime or dodgerblue.
  • 3rd row – Nihilist Ultra ADX 42 period – lime or dodgerblue.
  • 4th row – Nihilist Ultra ADX 89 periods – lime or dodgerblue.
  • 5th row – Nihilist Ultra ADX 144 period – lime or dodgerblue.
  • RSI line – green and above 50 level.
  • Moving Acerage Candles blue.
  • Price above EMA 50 line.
  • Nihilist Ultra ADX Dash- lime or dodgerblue.

 

SELL Rules

Nihilist-rsi-trading-SELL

  • 1st row – Nihilist Ultra ADX 7 period – red or orange.
  • 2nd row – Nihilist Ultra ADX 21 periods – red or orange.
  • 3rd row – Nihilist Ultra ADX 42 period – red or orange.
  • 4th row – Nihilist Ultra ADX 89 periods – red or orange.
  • 5th row – Nihilist Ultra ADX 144 period – red or orange.
  • RSI line – red and below 50 level.
  • Moving Acerage Candles red.
  • Price below EMA 50 line.
  • Nihilist Ultra ADX Dash – red or orange.
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NIHILIST NOTES:

  • A long position is entered on the close of the candle, with the profits being trailed until an opposite signal is generated.
  • The stops are placed at the low prior to the candlestick that signaled the long trade.
  • The trade quickly resulted in a profit.

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