Boom and crash indicator strategy For buy setup
Binary.com Broker | Website Link |
---|---|
Crash and Boom | Deriv.com – Crash and Boom |
Indicators Setup for Trading Boom and crash indicator strategy For buy setup Only
To effectively trade Crash and Boom on Binary.com, it’s crucial to set up the following indicators. We recommend using the 1-hour chart for analysis with these indexes:
RSI Settings:
Indicator | Period | Levels |
---|---|---|
RSI | 1 | 9, 10, 11, 89, 90, 91, 92 |
MACD Settings:
Indicator | Fast EMA | Slow EMA | MACD SMA |
---|---|---|---|
MACD | 12 | 26 | 9 |
Moving Average:
Indicator | Type | Period |
---|---|---|
Moving Average | Exponential | 5 |
Bollinger Bands:
Indicator | Period | Deviation |
---|---|---|
Bollinger Bands | 34 | 1.619 |
Trading Strategy Overview
Before initiating trades, it’s essential to analyze market behavior. This strategy incorporates ‘M’ and ‘W’ patterns along with the following criteria for buy setups:
- Wait for both the moving average and MACD to be in the oversold region.
- Look for market rejections outside the Bollinger bands during any Boom or Crash.
- Monitor the moving average for a ‘V’ formation.
- Once the moving average forms a ‘V’, observe the market for ‘V’ or ‘W’ setups with rejections.
- Upon identifying a ‘V’ or ‘W’ setup, wait for the market to push up with at least one candle.
- Enter a buy position.
Holding Strategy
With these indexes, it’s advisable to hold positions as they tend to continue upward until showing a reversal sign. Additionally, trades can be executed based on double bottom or ‘W’ formations.
Trading Simplified
Trading Crash and Boom on the 1-hour chart is straightforward. Look for reversals indicated by ‘W’ or ‘V’ formations, coupled with rejections outside the Bollinger bands. Stick to the 1-hour chart for optimal results.
By adhering to this simple strategy, you can consistently profit from Crash and Boom trading on Deriv.com.
- Free Copy Trading Service worth $50, Free Signals, Free VIP Group
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- Already tagged but want to switch to GiantFX for unmatched support? No problem! Reach out to deriv via live chat and provide the new affiliate/IB link, and they we’ll assist you promptly.
- Have questions? reach us through our whatsapp or telegrame https://chat.whatsapp.com/CTsfbD0j8f52VxwfzKAaKC Link
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