Order Block Nerd

Order Block Nerd is an expert advisor created by Amos Tsopotsa, utilizing order blocks and smart money concepts combined with pit floor trading strategies. This article aims to provide an in-depth analysis of this trading system, exploring its features, user feedback, and overall reliability.

Trading Settings

The recommended time frame for using Order Block Nerd ranges from 1 hour to daily time frames. While lower time frames are more prone to market noise, the system is designed to operate efficiently within this specified range. Users can customize their stop loss and take profit settings per trade to align with their risk management strategies.

User Feedback

Unfortunately, Order Block Nerd has received a notably poor rating of 1 based on a single review. The review, authored by Ramon-Karlich, states:

“Just bad. Equity curve just running down in backtesting. No one needs such an EA”

This negative feedback highlights significant concerns regarding the system’s performance during backtesting, suggesting that users might experience a downward equity curve.

Reliability and Recommendations

Given the current rating and feedback, it’s crucial for potential users to exercise caution. Here are some useful tips for those considering Order Block Nerd:

• Conduct thorough backtesting and forward testing on a demo account before deploying the system in live trading.
• Monitor the system’s performance regularly and adjust settings as needed to mitigate potential losses.
• Stay informed by visiting websites like Forexroboteasy.com for real-time trading results and easytradingforum.com for example source codes and community discussions.

Conclusion

Order Block Nerd, though free and accessible, appears to have significant performance issues based on user feedback. Traders should approach this system with caution, ensuring thorough testing and continuous monitoring to safeguard their investments. For more detailed results and community insights, users are encouraged to visit Forexroboteasy.com and easytradingforum.com.