As Always we begin with ANALYSIS:
FOR BOOM INDICES (500/1000)
First Step: TREND ANALYSIS:
The TREND has to be a DOWNTREND…I repeat again make sure the TREND IS IN A DOWNTREND FOR THE BOOM INDICES. Why?! So that when you are spiked out in reds you can wait for it to retrace back. As Always do your trend analysis on a 5min-30min timeframe as shown below:
This is BOOM 500 in DOWNTREND in a 15min timeframe. Trade using VIT 1+ only
in DOWNTREND. Only in DOWNTREND because we are selling and we don’t want to be spiked out(boomed) out while in open trades.
Second Step: ADD INDICATORS:
Yes I know you have heard that indicators are lagging and so on but in our strategy we need indicators to be as lag as possible. The indicators we are supposed to add is the AWESOME OSCILLATOR (AO). To add this Go to “indicators” then in the bill Williams section you will see the Awesome Oscillator and you add it as it but make sure the “Value Up” color in the AO matches your bullish Candle colors and Also the “Value Down” color matches your bear Candle colors.
The second indicators we need to add is the BULL POWER Oscillator in the “oscillator” section in indicators. Add it as it don’t change Anything.
Third Step: ENTRY AND EXIT
Now this is a tricky but simple part, As in The BOOM 500/1000 we scalp it by selling. We only place our ENTRY that is to SELL when the Awesome Oscillator changes from VALUE UP to VALUE DOWN and by changing I mean the Change in AO color. Lets say my Value up is Green(because my Bull Candle are green) and Value Down is Red (because my bear candles are red). Now when the AO changes from Green(value Up) to Red(Value down). Why do we sell here? Because usually after a spike up/bullish spike the AO indicates value Up(Green/Your Bull Candle Color) thus showing buyers are coming with high pressure so what we do we wait for the AO indicator to show(change) Value Down(Red/Your Bear Candle Color) indicating sellers are coming back and only then do we enter our sell order. As shown below; I suggest you use a phone or tablet for a better entry precision.
Our cross air pointer in the above pictures marks the entry. As you see the AO changed from Green to red the we enter a sell order.
OUR EXIT: ok we have learned about our entry and you can go and backtest it to see the Strategy is 100% unique and effective. Ok where do we exit now? Its quite simple, once you have placed your sell order you must stay in the Market for 100Pips and not 50Pips like the former VIT 1. For the VIT 1+ one must stay in the market for 100PIPS and since counting Pips is quite difficult in indices so here is a simpler way of knowing the 100PIPS point of exit.
Lets Say I used 20.0 lot to place a sell/buy order in Boom/Crash indices, Now 100pips equals 20$ profit when I use a 20.0 lot. The same applies when I use a
10.0 lot, I will exit with 10$ which equals to 100Pips in the Boom/Crash indices.
Therefore whatever lot size you use make sure you exit when the profit amount equals to your lot size amount.
Speaking of Lot sizes, WHICH LOTSIZES ARE WE SUPPOSED TO USE WHEN TRADING USING THE VIT 1+ ?.
It all depends on your Account size but as I explained in Chapter 3 about lot size and Account sizes the same will apply here using the VIT 1+ Strategy.
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