My Version of No-Nonsense Forex (NNFX) Strategy - MQAHNAF Signal

17 окт. 2020 г.

This is my version of the No-Nonsense Forex (NNFX) Strategy, namely MQAHNAF Signal.

This strategy shows you only the entry signal with 1.5 x ATR for Stop Loss and 1 x ATR for Taking Profit.

This strategy uses 5 kinds of indicators:

1. Average True Range for SL and TP placement, and also for pullback range;
2. Kijunsen for Baseline;
3. SSL Channel for 1st Confirmation;
4. Absolute Strength Histogram for 2nd Confirmation;
5. Waddah Attar Explosion for Volume/Volatility.

This strategy implements the "Bridge Too Far" strategy.

This strategy also implements the "Pullback" strategy, with some modification: 1.5 x ATR from Kijunsen

This strategy doesn't use the exit indicator because this strategy intended only to shows you the entry signal, but you can use the SSL Channel (the yellow line) for the exit indicator.

This strategy also doesn't use the "Scale-Out" and the "Trailing Stop" strategy because again, this strategy only shows you the entry signal.

On the contrary, this strategy works best on the 4H timeframe, different from what VP emphasizes in his videos about the daily timeframe.

I hope you like this strategy and don't forget to thumb this up!

Also, don't forget to follow me for the update and for my other strategy/indicator/trade ideas!

Thank you for your attention!