Nostradamus + BONUS 5 Elliot Wave Theory PDF BOOKS
Nostradamus, the FOREX trading signal generator is based on an algorithm used by supercomputers on major exchanges by NASDAQ traders. But of course the most important is the human factor and careful management of positions. Adherence to strict trading rules and carefully planned risk management. You can also combine Nostradamus FOREX trading signal generator with levels of resistance and support and trend lines to be able to most accurately determine whether the signal you are receiving is good or not.
Nostradamus is suitable for all types of traders and gives signals at all times. Using it in a one-minute time frame is too risky, but it can still give good results. For scalpers, we recommend a 5 and 15-minute time frame, day traders can use the one-hour frame and the long-term traders’ daily framework when using Nostradamus.
Sample trades and signals
Red arrow- SELL signal
Blue arrow – BUY signal
Grey lines are the lines of the indicator – drawn and used by the software.
You don’t need to watch them…
It is very important not to open positions with Nostradamus before big news, for this purpose every trader must have an economic calendar on hand to follow strictly. You can use the economic calendar of Bulls and Bears.
Always open a position with Nostradamus only if it is on-trend. If you have a signal for a long position and the trend is bearish, do not open a buy position. Wait for the sell signal and collect the profit.
If you have opened a long position using Nostradamus, close it when a sell signal appears. That’s why the signals come without a take profit, so you can make the most of the signal until the opposite occurs.