Hull Exponential Nina Forex Trading Strategy

The Hull Exponential Nina forex trading strategy is not a holy grail, but keeps your winning trades far above your losses, thus yielding an overall plus for any account, if the rules are rightly followed.

The Hull Trend, EMA 36 and aNina forex indicators used in this strategy are tweaked to deliver good results, taking into account their individual characteristics of trend scanning, price smoothening and finding trend reversals.

Chart Setup

MetaTrader4 Indicators: Hull Trend.ex4 (Inputs Variable Modified; HMA_Period=40), EMA 36.ex4, aNina.ex4 (Default Setting)

Preferred Time Frame(s): 1-Minute, 5-Minute, 15-Minute, 30-Minute, 1-Hour, 4-Hour, 1-Day

Recommended Trading Sessions: Any

Currency Pairs: Any pair

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Buy Trade Example

Fig. 1.0

Strategy

Long Entry Rules

Enter a buy order if the following indicator or chart pattern gets put on display:

  1. If the magenta line of the 36 EMA MT4 indicator intersects the lines (blue & red) of the Hull Trend custom indicator in a bottom up fashion as depicted on Fig. 1.0, price is said to be taken higher i.e. a trigger to go long on the designated currency pair.
  2. If the brown line of the aNina custom indicator break above the deep sky blue line, plus a green upward pointing arrow is displayed within the indicator window (see Fig. 1.0), a buy signal is said to be looming.

Stop Loss for Buy Entry: Place stop loss below short-term swing support price.

Exit Strategy/Take Profit for Buy Entry

Exit or take profit if the following rules or conditions takes precedence:

  1. If price dips below the magenta line of the 36 EMA to close below, it is an indication of weaning bulls power, as such an exit or take profit will suffice.
  2. If the brown line of the aNina indicator break below the deep sky blue line, while a blue spherical spiked body forms within the indicator window, it is a trigger to exit or take profit at once.

Sell Entry Rules

Enter a sell order if the following holds true:

  1. If the magenta line of the 36 EMA indicator intersects the lines (blue & red) of the Hull Trend custom indicator in a top downward manner as seen on Fig. 1.1, price is said to be driven lower i.e. a trigger to go short on the selected forex pair.
  2. If the brown line of the aNina custom indicator dip below the deep sky blue line, plus a red downward pointing arrow is displayed within the indicator window (see Fig. 1.1), a sell alert is said to be imminent.

Stop Loss for Sell Entry: Place stop loss above short-term swing resistance price.

Exit Strategy/Take Profit for Sell Entry

Exit or take profit if the following takes to the fore:

  1. If price surges beyond the magenta line of the 36 EMA to close above, it is an indication of halting bears power, as such an exit or take profit will do.
  2. If the brown line of the aNina indicator rises above the deep sky blue line, while a blue spherical spiked body forms within the indicator window (refer to Fig. 1.1), it is a trigger to exit or take profit immediately.

Sell Trade Example

Fig. 1.1

Free Download

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About The Trading Indicators

The Hull Trend custom indicator is an oscillator that is a popular trend following technical study and is based on the moving average 20 period.

The aNina custom indicator offers an opportunity for traders to spot diverse peculiarities and patterns hidden in price dynamic.

The 36 EMA is an exponential moving average that has its period set at 36 and reduces the lag by adding more weight to recent price.

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