Sell Setup Criteria
Boom and crash indicator strategy
| Binary.com Broker | Website Link |
|---|---|
| Crash and Boom | Deriv.com – Crash and Boom |
Indicators Setup for Trading Crash and BOOM
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 |
For sell setups, follow these straightforward guidelines:
| Criteria | Description |
|---|---|
| Moving Average Overbought | Ensure the moving average and MACD are in the overbought region. |
| Rejection Outside Bollinger Bands | Look for market rejections outside the Bollinger bands during any Boom or Crash. |
| Moving Average Inverse ‘V’ Formation | Wait for the moving average to start forming an inverse ‘V’. |
| Market Analysis | Once the moving average begins forming an inverse ‘V’, analyze the market. |
| ‘V’ or ‘M’ Setup | Look for ‘V’ or ‘M’ setups with rejections in the market. |
| Market Movement | Upon identifying a ‘V’ or ‘M’ setup, wait for the market to push down with at least one candle. |
Holding Strategy
Similar to buy setups, it’s advisable to hold positions for sell setups as well. Once the market starts to decline, it typically continues until showing a reversal sign.
Trading Simplified
Trading Crash and Boom on the 1-hour chart remains simple and effective. Reversals are often indicated by ‘M’ or inverse ‘V’ formations, accompanied by rejections outside the Bollinger bands. Stick to the 1-hour chart for optimal trading outcomes.
Conclusion
With this straightforward strategy, profiting from Crash and Boom trading on Binary.com becomes accessible to traders of all levels. By adhering to these clear guidelines, consistent profitability can be achieved.
Remember, Boom and Crash trading doesn’t have to be complicated. Keep it simple and stay disciplined with your approach.
The key to have a successful entry
Is to wait for macd to be oversold
And wait for rejections outside the Bollinger bands
That way you will always be correct
1hour chart only
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Sean Combs smiles slightly while wearing a tuxedo.
Sean Combs helped bring hip-hop to the masses as an executive and artist.Credit…Doug Peters/STAR MAX, via Associated Press
Ben SisarioJulia Jacobs
By Ben Sisario and Julia Jacobs
Sept. 16, 2024
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A statement from Mr. Combs’s legal team said they were disappointed with the decision to prosecute him and noted that he had been cooperative with the investigation and had “voluntarily relocated to New York last week in anticipation of these charges.”
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