I. Introduction
Nexus is a ready-to-use Expert Advisor with 25 market entry strategies. It is important to understand certain concepts for greater user peace of mind. Some of these concepts include technical analysis, fundamental analysis, risk management, and money management. In addition, Nexus also offers the possibility to customize and adapt the strategies to the individual needs of the user.
II. Entry Strategies
Each entry strategy corresponds to a set of conditions based on technical indicators, price action, and support and resistance levels. These indicators are tools used to determine the market trend and make buying or selling decisions. An example of a strategy is “If the Bulls Power indicator is above the 0 value in the current candle and the Bears indicator crosses from a value below 0 to a positive value, and also the ADX indicator marks an increasing trend. And the above It is combined with the fact that the current candlestick is bullish and the candlestick of the longer period has a value higher than the opening price of the candlestick, then it opens a BUY operation.”
Several strategies can be selected to work together and set criteria to determine the direction of the trend. This means that you can select the strategies that best suit the market conditions and the user’s trading style. Furthermore, different combinations of strategies can be used to adapt to different market conditions and increase efficiency in decision making.
In addition to selecting the strategies, you can configure how many trades can be opened following the criteria of the strategies. This allows controlling the risk and adapting to the needs of the user.
III. Averaging
Nexus is an averaging EA, which means that if a trade is opened and the market goes in the opposite direction, a new trade will be opened to make up for the loss of the first one. This allows you to recover losses and maximize profits in case the market returns to the desired direction. With this technique, the aim is to reduce risk exposure and increase the opportunities to win in the market.
To determine at which point these clearing trades will be opened, Nexus follows two configurable criteria. The first criterion is based on the buy condition, if the condition is met again on the following candle, a new trade is opened, and the second criteria is based on the distance from the previous trade. With these criteria, the strategy can be adapted to the market conditions and the user’s trading style. For example, if the user wants a more aggressive strategy, the criteria can be set so that clearing trades are opened at a shorter distance, and if the user wants a more conservative strategy, the criteria can be set so that open clearing operations at a further distance.
IV. Grid
The Nexus grid adapts to price movements, so if there is a big trend, trades are not opened until it is expected to stop. This reduces risk and maximizes profit, allowing the user to take advantage of the earning opportunities in the market efficiently. This is accomplished by using an advanced algorithm that analyzes price movements and determines when the right time to open a trade is.
In addition, the grid has a capital protection system. This system allows you to set a maximum loss limit for each operation, and if that limit is reached, the system will automatically close all open operations, thus protecting the user’s capital. With this system, the user can establish a loss limit that adapts to his risk profile, and if that limit is reached, the system will close the operations automatically, thus avoiding further losses.
The distance grid can be configured based on different measures, such as pips, ATRs or standard deviations. This allows the user to tailor the grid to their trading style and market conditions. For example, if the user wants a more conservative grid, they can set it based on standard deviations, and if they want a more aggressive grid, they can set it based on pips. With this flexibility, the user can adapt the grid to his risk profile and market conditions, maximizing his profits and reducing his risk exposure.
V. Stop Loss
Nexus has a trailing stop loss system, which is a risk management tool that allows you to set a maximum loss for each trading cycle. If this limit is reached, the system will automatically close the operations, thus reducing the user’s risk. With this system, the user can establish a loss limit that adapts to his risk profile, thus avoiding greater losses.
In addition, the system will also close the operations of a cycle if the opposite condition occurs, that is, if there is a bullish cycle, and the sell condition occurs. This allows the user to take advantage of the earning opportunities in the market efficiently, and reduce their risk exposure at the same time.
A Stop Loss can also be set based on the number of trades, this allows the user to set a stop loss for each cycle.
VI. Take Profit
The Nexus system also has a dynamic take profit system, which is a profit management tool that allows you to set a maximum profit for each trade and another for each cycle. If this limit is reached, the system will automatically close the operation, thus maximizing the user’s profits. With this system, the user can set a profit limit that suits his profit profile, taking full advantage of the opportunities to earn in the market.
VII. News Filters
Nexus has an economic news filter system, which is a tool that allows the user to set a series of parameters to filter the economic news relevant to his trading strategy and avoid being affected by important news. This system provides the user with accurate and up-to-date information on the most relevant economic events, allowing them to anticipate market trends and make informed buying or selling decisions.
Filtering parameters include the importance of the news, the related currency, and the expected impact on the market. The user can select the parameters that best suit his trading strategy and market conditions.
VIII. Schedule and Calendar Filter
Nexus has a time filter, which is a tool that allows the user to establish what hours of the day they want the system to open and close operations. This makes it possible to adapt the strategy to the user and avoid hours of the day with less volatility. For example, if the user wants a more aggressive strategy, they can configure the time filter so that the system opens trades during the hours of greatest volatility, such as the opening and closing of the markets. On the other hand, if the user wants a more conservative strategy, they can configure the time filter so that the system opens trades during the hours of less volatility, such as the hours of the Asian session.
In addition, the system also allows the user to limit the trading days, this allows the user to avoid days with lower volatility, such as weekends, holidays, etc. This makes it possible to adapt the strategy to the user and to market conditions.
IX. Volatility Filter
The Nexus system has a volatility filter, which is a tool that allows the user to set a maximum volatility limit to open trades. This allows you to reduce risk during times of high market volatility, since during these times the price can vary rapidly and without prior notice, which can lead to large losses if precautionary measures are not taken.
This filter is based on the reading of another chart, such as the US500 American Index or the XAUUSD, thus predicting a possible increase in the volatility of the symbol. This allows the user to anticipate changes in market volatility and adapt their trading strategy accordingly. The user can set the volatility limit based on his risk profile and trading style.
X. Conclusion
Nexus is a highly advanced and versatile tool for automated trading. With its wide variety of features and tools, the user can tailor Nexus to their trading style and maximize their profits in the market. Its entry strategies are highly configurable and based on technical indicators and price action, allowing the user to adapt to market conditions. The averaging system allows you to recover losses and maximize profits in case the market returns to the desired direction. The grid adaptable to market movements and capital protection systems help reduce the risk of loss. The stop loss and take profit system allows you to set profit and loss limits for each trade and cycle. News filters and the economic calendar help to keep abreast of relevant economic events. The time and volatility filter allows you to adapt the strategy to the user and avoid hours or days with less volatility. In summary, Nexus is an excellent tool for those looking to automate their trading and maximize their profits in the market.