FX Nuke Strategy – Determine the Strength of Currencies forex robot
Hello gentlemen traders!
We present to your attention the foreign trading system FX Nuke, based on advanced technologies to determine the exact signals to buy or sell. FX Nuke Trading System is a universal strategy that is suitable for traders with any level of training and trading style. Thanks to the three templates, you can use the FX Nuke strategy for scalping , day trading or swing trading. A convenient control panel CS Dashboard,
which determines the strength of currencies in real time, will help you choose the right currency pairs for trading. Advisor FX Nuke is paid, you can buy it on the developer’s site for $ 27 per share, but here you can download FX Nuke for free.
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FX Nuke Strategy Specs
Trading platform –MetaTrader 4 Trading style – scalping, day trading and swing trading Trading time – around the clock Timeframe – any Currency pairs – 28 currency pairs Recommended brokers:Forex4you, Roboforex,XM
FX Nuke Strategy Description
The FX Nuke trading system includes indicators that determine trend reversals. It looks like red and blue dots, as well as the color change of the main indicator Colored Snake. According to the developers, the FX Nuke Trading System indicators do not redraw or lag.
In addition, using the CS Dashboard toolbar, you can evaluate the power of currencies in real time. There are 8 major currencies in the panel: EUR, USD, GBP, JPY, AUD, NZD, CAD and CHF. Thus, you can combine them with each other, which will give you 28 currency pairs for trading, including also exotic pairs, for example, CHFCAD or AUDNZD. With CS Dashboard, you can determine which currency is overbought or oversold. Read more in the manual (in English), which you can download in the archive along with the FX Nuke strategy at the end of the review.
FX Nuke Trading Rules
Choose a strategy template that fits your trading style, and set the desired timeframe: for FXNukeSCALPTRADE – M1 – M5; for FXNukeDAYTRADE – from M15 and up; for FXNukeSWINGTRADE – from H1 and higher.
Using the CS Dashboard, determine which currency pairs are optimal for trading. To do this, select the strongest and weakest currencies. From the example below, we see that the strongest at that time were EUR and AUD, while the weakest were USD and CAD. Of these, you can make 4 currency pairs: EURUSD, AUDUSD, EURCAD and AUD / CAD. It is better to choose pairs with low spread – this is EURUSD and AUDUSD. At the same time, EURUSD and AUDUSD should be considered only purchases, until the strength of currencies changes. In essence, the CS Dashboard is a filter for our FX Nuke deals.
Consider purchase examples
As you can see in the screenshot above, EUR is the strongest currency and JPY is the weakest, so for EURJPY, we only consider purchases. After the blue dot has appeared, and the Colored Snake indicator has changed color from red to blue, we open a deal to buy. Another example of buying the AUDUSD currency pair (AUD is a strong currency, and USD is a weak one):
The exit from the transaction is carried out during the formation of the reverse signal – a red dot (or in other ways, which we will analyze below).
Consider the examples for sale. When a red dot appears and the color of the Colored Snake indicator changes from blue to red, we open a sell deal. Here is an example of a sell signal for the CADJPY currency pair (CAD is a weak currency, JPY is a strong one):
And here is another example of a deal to sell on the GBPUSD currency pair (GBP is a weak currency, USD is a strong one):
The exit from the transaction is carried out at the appearance of the opposite signal – a blue dot.
Do not forget to put stop losses! They should be slightly above the last high (for sales) or below the last low (for purchases).
Exit Options
There are several options for taking profits in FX Nuke strategy:
The appearance of the reverse signal. In this case, you can get a big profit if you manage to catch a good move. However, this method has a minus. If you wait for a return signal, then the price can pass quite a lot against you, before such a signal appears, and you lose some of the profit;
Take Profit 1: 1. Use a take profit equal to stop loss if you want to get a quick profit (for example, in scalping);
Take Profit 1: 2 (the best option) . Take profit equal to two stop-loss is the most optimal. It allows you to take a good profit and get out of the market in time.
findings
The FX Nuke Trading System is a universal strategy with accurate indicator signals without redrawing and the CS Dashboard transaction filter, which determines the strength of currencies in real time. FX Nuke is a profitable strategy, but it is important to follow simple rules in order to successfully trade it. First, test it first on a demo account to understand how it works, and find your trading style. Secondly, risk in one transaction no more than 5% of the deposit. Thirdly, do not trade at the time of the release of strong news and during the reduction of volatility . Finally, do not exit the transaction if the strength of currencies has changed, wait for a take profit or a return signal. Profitable trade to you!
