Boom and Crash Index Strategy- Deriv broker

Boom and Crash Index Strategy- Deriv broker
This strategy is designed for trading Boom and Crash indices on the Binary.com platform. It involves using a 1-hour chart and the following indicators: BROKER DEMO HERE

• RSI (1 period)
• MACD (12, 26, 9)
• Moving Average (5 exponential)
• Bollinger Bands (34, 1.619)

The strategy focuses on identifying reversals in the market using V and W patterns, as well as rejections outside the Bollinger Bands.

1. Buy Setup:
   • Wait for the moving average and MACD to be oversold.
   • Look for the market to reject outside the Bollinger Bands.
   • Wait for the moving average to start making a V shape.
   • Look for a V or W setup with rejections in the market.
   • Enter a buy order when the market pushes up with at least one candle after the V or W setup.
2. Sell Setup:
   • Wait for the moving average and MACD to be overbought.
   • Look for the market to reject outside the Bollinger Bands.
   • Wait for the moving average to start making an inverse V shape.
   • Look for a V or M setup with rejections in the market.
   • Enter a sell order when the market pushes down with at least one candle after the V or M setup.

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Boom and Crash Index Strategy- Deriv broker

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