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 that these specific indicators will give you good results on some trades but they take all of your money in a single trade. If you master this strategy, you can become a profitable trader-trading boom and crash and leave the other signals alone.
The goal of this strategy is to have at least 3 spikes per trade you make. In case you never know, the best solid trading system is best for you as a trader.
During a trading boom, the RSI indicator is strong in the buying region (price floor) and stronger in the selling zone (price ceiling) during a crash below 500 dollars. As a general rule of thumb, 80% of your rulebook goes into a trade with a good risk-reward 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, when the market stops rising, we will cash in. If we look at the EMA 200 in the 1 minute time frame, when it is under the candlestick, we sell without fear of an increase. When we get a spike, we wait for the market to reach EME9, and when it breaks through EEMA9 with no more than 3 small candles, we leave the trade and apply the crash boom.
Wait in the M1 timeframe until EMAas and RSI are in an overbought area. If the 50% EMA falls below 200EMA and goes down, this indicates a strong signal to start selling, given our condition that the RSI is met. If there is an increase, wait until the price drops back below the 13 per cent mark before rejoining.
You will see again and again that when the market touches down, it comes back up and touches the upper limit, but it won’t be for many candles. You will see that you can sell when it sharpens, or you can peel off your seeds when it sharpens itself. Another indicator I use as an indicator is the five-minute boom and crush, but I agree with that.
I show you boom crash, boom crash MT5 boom crash one, one up, one down and one up (you can see the one up and one down), and you can see forex as you see below. If you see a crossover and you see the crossover display in the window above the downer, I do not know if it is above or below the average. But when you see it in the top crossover display window, I know you’re going to make a sale.
The combination and occurrence of signals in all three windows results in the best and most perfect trade entry. Buy the boom and crash and try to build your take profits near the resistance. After the crash, book profit and buy the position until the point at which the sell signal occurs.
If trading is booming and crashing, you should use the right batch size, which does not lead to a capital loss in a short time. A crash below $500 should be respected as resistance and support for the traded asset.
Introduction of the long awaited Boom and Crash Spike Detector indicator for meta traders with up to 5 terminals. Learn the basics and see real-time examples of approach and strategy in crash and boom indices. Features of Boom Crash Indicator: This is a powerful spike detection software with some fantastic features, here are some of them included.
Metatrader 4 was introduced 15 years ago and is still in demand among traders today. Group of Boom and Crash Traders A group to exchange ideas, analysis and best trades on the Boom and Crash Index. Boom & Crash Team A private group with 3,748 members who join the group.
If we look at the opposition and the support, it has changed from where it was. Launched 15 years ago, Metatrader 4 has undergone many improvements in its first ten years on the market and has become a market leader among competitors.