FOREX NANOTRADE SYSTEM
- FX Nanotrader Sytem is a simple strategy that will allow the Expert to know when to take a buy trade and when to take a sell trade.
- NanoTrader FX works on any timeframe from M1 up to the monthly. Also work for scalping purposes, where you should use the M1 and M5 trading charts. For a day’s trading, use the M5, M15 and M30 charts. But, for swing trading, use the H1, H4 and daily trading charts. So trading at any timeframe is possible.
- If you wish, with a double click you can switch to any currency pair from Trend Analizer Panel. So is no need to open a new additional chart. It is really very convenient. So it is very practical for the trader when he is trading and changing the pair.
The GBPUSD chart above displays 2 valid buy signals, so take it as an example.
- The NanoTrader Analyzer Bullet is colored BLUE and the NanoTrader Signal Bullet is colored BLUE as well.
- This is a valid signal to open a buy trade.
- Place a stop loss below the most recent low.
- Exit the buy trade (4 options): close the open sell trade when a magenta bullet appears on the chart, go for a fixed profit target*, go for at least 2:1 reward to risk ratio or exit the trade near the previous swing high level (resistance).
*About the fixed profit target: The vast majority of traders prefer to go for a fixed profit target. It’s simple and you don’t need to calculate anything.
Below you will find some typical take profit targets for the different time frames:so
- M1 chart: Aim for 10-25 pips
- M5 chart: Aim for 20-35 pips
- M15 chart: Aim for 25 -40 pips
- M30 chart: Aim for 30-75 pips
- H1 chart: Aim for 50-120 pips
- H4 chart: Aim for 80-200 pips
- D1 chart: Aim for 125-300 pips
Ignore any sell signal (PINK bullet)when the NanoTrader Analyzer is colored BLUE for the currency pair you are looking at!
2. Sell Signal:
Open a SELL trade when the NanoTrader Analyzer bullet is: colored PINK and the NanoTrader Signal bullet is colored PINK as well.
The USDJPY chart above displays a valid sell signal, so take it as an example.
- The NanoTrader Analyzer Bullet is colored PINK and the NanoTrader Signal Bullet is colored PINK as well.
- This is a valid signal to open a sell trade.
- Place a stop loss above the most recent high.
- Exit the sell trade (4 options): close the open sell trade when a blue bullet appears on the chart, go for a fixed profit target*, go for at least 2:1 reward to risk ratio or exit the trade near the previous swing low level (support).
*About the fixed profit target: The vast majority of traders prefer to go for a fixed profit target. It’s simple and you don’t need to calculate anything.
Below you will find some typical take profit targets for the different time frames, so, you can take them as a reference:
- M1 chart: Aim for 10-25 pips
- M5 chart: Aim for 20-35 pips
- M15 chart: Aim for 25 -40 pips
- M30 chart: Aim for 30-75 pips
- H1 chart: Aim for 50-120 pips
- H4 chart: Aim for 80-200 pips
- D1 chart: Aim for 125-300 pips
Ignore any buy signal (BLUE bullet) when the NanoTrader Analyzer is colored PINK for the currency pair you are looking at!
3. No Trend (do not trade the currency pair) In this case, ignore all bullet buy and sell signals on the chart until a trend forms again, either up (blue bullet) or down (pink bullet).You can stick with your current open position, if any.
Some Chart Examples
That’s it, trade profitable with NanoTrader FX.
But don’t rush!Please use on a demo account first to make yourself familiar with the NanoTrader trading software and then use it on a live account.
If you want to learn this strategy, just read the manual, but don’t forget that the more indicators you add and coordinate, the more accurate the strategy will be!
Take a look !
559 PIPS IN JUST 5 TRADES !!! AMAZING
