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Manual of Advanced NET
Manual of Advanced NET
Copyright @ Nihilist
Advanced Nihilist Easy Trader ( Advanced NET)
User Manual (1st Edition)
04 February 2020
Advanced NET
Disclaimer
Unique experiences and past performances do not guarantee future results.
No representation is being made that any software or training will guarantee profts
or not result in losses from trading.
This system comes along with 11 paid indicators and one tpl (template) fle, the main paid
indicators are
The rest indicators are available on google search and they are free.
Advanced NET
Indicator Specifcation:-
1.Nihilist True Cycle (NTC) - It plays the vital role in the system.
there are 4 lines in this indicator -Lime, Red, Blue, and Yellow.
lime line cross over the red is mandatory criteria for long trades entry,vice
versa for short.
if lime/red above the blue line it is a better setup for long.
if lime/red and blue line above the yellow line it means trend is strong for long.
if lime/red, blue and yellow stay above the middle line it is very strong long
trend.
if you found that all of the 4 lines going to the same direction then that is
very very high probability trade.
if you can think about the wave, then you can consider that the lime/red
creates short term wave, blue creates mid term wave and yellow creates the
long term wave.
Yellow line is a leading indicator, it can predict the future movement also (but
we need some experience to read it correctly)
P.S. to maximize the better result, please use the default tpl fle
Advanced NET
2. NH1 to NH6:
NH is the abbreviation of Nihilist histogram. There are 5 histogram indicators
containing in the 2nd sub-window, those are NH1, NH3, NH4, NH5 and NH6.
The Histogram signal us by displaying their color, they have few colors:
Red, orange, violet, lime, blue, aqua and gray(only on NH3).
Strength of colors:
Aqua means long trend
Blue is stronger long trend
Lime is the strongest long trend.
Violet means short trend
Orange is stronger short trend
Red is strongest short trend
Gray means, the reversal or pause of trend normally.
This is Nus_Nectar_6. it has 3 color, which you can see on the picture
If Purple is on upper part & white is in middle part and green in the bottom part- then it is Long (Buy setup) trend.
see below the example of long trend of Nus_Nectar-6 :
If White is on upper part & Green is in the middle part and Purple in the bottom part- then it is Short (Sell setup) trend.
see below the example of Short trend of Nus_Nectar-6 :
Now we are going for Nihilist_Bull_Bear, the most lower part of the window
This is Nihilist_True_Cycle_2 , The most critical and interesting part of the system
it has 3 pairs of line and a single line.
1. Yellow & Red,
2. Lime& Red
3. Blue & Magenta and
4. Thick Blue line.
If lime above the red and blue above the magenta then it will be good for buy(long trend).
If lime/red pairs cross over the blue/magenta pair then it is very good long trend.
For a very good good long trend,
1. yellow line must cross-over the red line
2. Yellow/red pair of lines cross up the lime-red and blue-magenta pair of lines at least one of them.
3. At the same time single blue line to the same direction or it stays near about the 80 line.
If
1.yellow line must cross-over the red line
2. Yellow/red pair of lines cross up the lime-red and blue-magenta pair of lines at least one of them
3. Lime line above the red line.
4. Blue line above the magenta line.
5. All of the 3 pairs of line above the Thick blue line or thick blue line going up or it stays above or near
about the 80 levels.
This is the very very good long trend of true cycle-2.
Vice-versa for short trend.
This is Nihilist_Trend_Cycle-4, the bottom window.
It contains 5 lines and a row of histograms.
The colored of the lines are red,aqua, orange, Lime and magenta.
Lime & Magenta lines stays together, sometimes lime line above the magenta line some times
magenta line above the lime line.
When Lime crossed up the magenta line it may create buy signal vice versa for cross down.
For a good buy signal:
lime cross up the magenta,
lime and magenta both cross up the orange line.
The direction of the aqua line is up side and lime/magenta line crossed up the aqua line.
The direction of red line should up side. Or it stays near 80 level.
Vice versa for short/Sell.
If
1. Red line stays above the 50 level and still heading up,
2. Aqua line traveling to upside and stays above 50 level.
3. And lime/magenta bounced from near 20 level and lime cross over magenta and those going
up along with the orange line. It is a sure shot of long(buy). We can expect near about 100%
successful trades.
Vice versa for short/Sell.
Remember that other indicators of different windows need to fulfill their conditions.
Advanced NET
Which time frame to trade with
we can trade with any time-frame chart (m1 to Daily) by this system. H4 tf is best
for this system. H1 also very very good for intra-day trading. m5, m15 and m30 also
good for scalping.
Which instruments can be trade-able by this system
Any currency pair, any equity indexes, metals, oil, stocks, crypto or any symbols which have
in your mt4.
Advanced NET Trading System at a glance
Long trade (Buy):-
Main Chart:
1. Price candle color needs to white
2. Close Price of the candle needs to above the ALF (Blue line of the price chart)
3. In Nihilist_Ultra_Adx dash - more the lime square is good for long trend.
1st Sub-window:
Nihilist_True_Cycle (NTC)
1. lime line above the red line.
2nd Sub-window:
Histograms
1. 4 histogram needs to long (buy) color group.
3rd Sub-window:
Nus-Nactar
1. Purple color will be top, white color on middle and green on lower part.
2. Purple color above the 50 line.
Nihilist_Bull_Bear
1. Histogram color is lime. [some times no color (but not red) can be considered]
Nihilist_True_Cycle_2 (NTC-2)
1. Yellow line above the red line and heading up
2. Lime line above the red line and heading up
3. blue line above the magenta and heading up
4. Lime-red pair above the blue-magenta pair
5. yellow-red line crossed up the lime-red and blue-magenta pair of
lines.
6. Thick blue line heading up/ stays above 80 line or near about 80 line.
(There are some exceptions for NTC-2, we can see it in our trade
example screenshots.)
4th Sub-window:
Nihilist_Trend_Cycle-4
1.Lime line closed up the magenta line and heading up.
2. Lime-magenta pair of line crossed up the Orange line.
3.Red line is going up side or stays above 80 level or near about 80
level.
4. Aqua line going up or stays above 80 level or near about 80 level.
5. If lime-magenta pair of lines along with the orange line crossed up
the aqua line then it is good.
6. If all of the lines heading up then it is very good trend. At-least 3 of 5
lines need to go up.
7. Histogram of the bottom need to lime.
Short trade (Sell):-
Main Chart:
1. Price candle color needs to red
2. Close Price of the candle needs to below the ALF (Blue line of the price chart)
3. In Nihilist_Ultra_Adx dash - more the red square is good for short trend.
1st Sub-window:
Nihilist_True_Cycle (NTC)
1. Red line above the lime line.
2nd Sub-window:
Histograms
1. 4 histogram needs to short (sell) color group.
3rd Sub-window:
Nus-Nectar
1. White color will be top, green color on middle and purple on lower part.
2. Purple color under the 50 line.
Nihilist_Bull_Bear
1. Histogram color is red. [some times no color (but not lime) can be considered]
Nihilist_True_Cycle_2 (NTC-2)
1. Yellow line below the red line and going down
2. Lime line below the red line and going down
3. blue line below the magenta line and going down
4. Lime-red pair below the blue-magenta pair
5. yellow-red line crossed up the lime-red and blue-magenta pair of lines.
6. Thick blue line going down / stays below 20 level or near about 20 level.
(There are some exceptions for NTC-2, we can see it in our trade example
screenshots.)
4th Sub-window:
Nihilist_Trend_Cycle-4
1.Lime line crossed down the magenta line and going down.
2. Lime-magenta pair of line crossed down the orange line.
3.Red line is going down side or stays below 20 level or near about 20 level.
4. Aqua line going down or stays below 20 level or near about 20 level.
5. If lime-magenta pair of lines along with the orange line crossed down the
aqua line then it is good.
6. If all of the lines going down then it is very good trend. At-least 3 of 5
lines need to go down.
7. Histogram of the bottom need to red.
Advanced NET
Trade Example of Long (Buy)
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Trade Example of Short (Sell)
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Advanced NET
EXIT RULES
Our aim is to identify as much as possible mechanical rules to support the trader’s
decisions but this is the hardest part of any system and requires both technical
experience and psychological skills and this is an endless work which we have to
work on it continuously. The Exit criteria always afected by market condition like
range market and trending market.
If Price moves in the direction of your trade, sooner or later you have to make the
decision to close your positions, either partially or totally; here we have some
options to set our TP or exit level
if you are with trend and trading with a very good setup the price moves in a
direction with strength it stops at areas of support or resistance. Most often this will
be either a previous historical high or low, a round number, or a Pivot level.
If trading H4 time frame this will be your swing trade and you can always aim for big
pips and aim next weekly Pivot levels as your support resistance they have always
150-200 pips average diference to each other.
You can exit from your trade if you get “1 step lower tf” opposite signal. This will
reduce the trade risk and you can exit on right time.
e.g. Suppose you trading on H4 TF with buy signal and gets opposite signal on H1
TF Sell signal then this will be treated as Exit rule
Each individual trader has diferent approach to trade Forex market so your own
target always good for this business. A trader with no emotion and greed always
become successful trader. So always work with a subjective goal.
Stop Loss
As per my research swing high/low are the best convention as set the SL.
you can set swing low - (10 to 20 pips) as SL for a long trade and
swing high + few pips (10 to 20 pips) as SL for a short trade.
Advanced NET
if we can fnd the lime line crossed up red line near the bottom of the NTC window.
it means daily is atleast retrace to long mode or reversal to long mode. now we will
fnd only long signal by H4 TF.
these trades are very very safer.