Boom And Crash Indicator
To start trading with boom and crash markets, I started my trading adventures as a scalper. Although I know that there are trading strategies other than scalping, these are the basic trading strategies that I think are best suited to trading in boom or crash markets. They confirm the structure of the market (peaks, booms, buys, crashes, sales) and the situation (low risk-return ratio, daily swing trading, small lot size, etc.).
I took a trading break and started to learn to act more responsibly, and on my journey I took synthetic indices, I saw the Crash Index (Crash 500, Crash 1000) and the Boom Index (Boom 500, Boom 1000) and chose the Crash 500 for two weeks as my research partner to study the market.
Boom and Crash Team is a private group with 3,748 members, which joins the group of Boom and Crash Traders. The J-Trading exclusive package includes five consecutive videos on Boom & Crash. The boom-crash strategies RSI, MACD and SCALP are the best when it comes to trade booms and crashes.
Remember that the indicators you will get are worth 100 dollars, so you do not need to pay 100 dollars. Most of what you are looking for, you can get for free with the indicator Boom and Crash. The Boom & Crash Traders Group shares ideas and analysis on the best trades for the Boom & Crash Index.
When we are caught in a spike, we wait for the market to reach EMA9 and when it breaks through (no more than 3 small candles), we leave the trade and apply crash and boom. In the trading boom, the RSI indicator is strong in the buying region (price lower limit) and in the crash (500) and stronger in the sales zone (price upper limit). As a rule of thumb, if the condition is 80% or above your specified rule, you jump into a trade with a good risk-return ratio.
For those of us who trade, we are looking for a spike that will devour more than 10 small candles that we will hold until the market reaches EMA9, if the market stops rising, we will cash in. Using the default crash and boom settings, an intelligent algorithm detects the tip and uses a filter at the top of the market to give an input signal and an exit signal. This strategy relies on the market reversal boom candle and crash candle on the 1 minute chart.
The combination and occurrence of signals in these three windows results in the best and perfect trade entry. Forex trading strategies are available on the Internet and are developed by traders themselves. Trend trading strategy is used when the market tends upwards.
Before you buy a boom or crash, try to set up your take-out profit the next time you buy. If the crash is below $500, respect the resistance and support of the traded asset. After the crash, the profit books a buying position at the point at which the selling signal occurs.
As a result, many traders tend to focus on lower timeframes such as M1-M15. When trading booms and crashes, you need to use the right batch size, which does not lead to capital losses in a short period of time.
In the diagram below, the boom of the 500 index confirms the direction of the trend in a time frame of 1 hour (the two arrows show the EMA 200). Once this zone is identified, it will be used for several days as the boom 500 market rises.
Let me tell you a little secret: I have been deceived by many experienced currency traders who hide behind what they call “special indicators” to deceive people. The truth is, special indicators give you good results on some trades, but they will take your money in a single trade.