Nano Trader FX employs a trend-following scalping strategy suitable for various timeframes:
Scalping: Use M1 and M5 charts.
Day Trading: Opt for M5, M15, and M30 charts.
Swing Trading: Consider H1, H4, and daily charts.
Trading is applicable to any currency pair.
Indicators required are NanoTraderSignal and NanoTraderAnalyzer.
Buy Setup
Enter a buy trade when both NanoTrader Analyzer and NanoTrader Signal indicators display blue bullets.
Example
In the GBPUSD chart, two valid signals are observed where both NanoTrader Analyzer and NanoTrader Signal bullets are blue.
Sell Setup
Initiate a sell trade when both NanoTrader Analyzer and NanoTrader Signal indicators show pink bullets.
Example
In the USDJPY chart, a valid sell signal is evident with both NanoTrader Analyzer and NanoTrader Signal bullets appearing pink.
Exit Strategies
to. Close trade when opposite bullet color appears.
b. Employ a fixed profit target.
c. Aim for a 2:1 reward-to-risk ratio.
d. Exit near prior swing high (resistance) levels.
These strategies offer clear guidelines for entering and exiting trades based on the indicators' signals.
Downloadhttps://drive.google.com/file/d/10S0YrkWi30pRrv_CIYfLY9BLFH570r6e/view?usp=sharing
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