Olymp Trade 5 Second Strategy

"Olymp Trade 5 Second"
"5 Second Trading Strategy"
"Simple Moving Averages + EMA"

Olymp Trade 5-Second Strategy with Moving Averages

We have 5 second strategy trading with Olymp Trade by using 3 Simple Moving Averages (SMA) and 1 Exponential Moving Averages (EMA). This free strategy is customized for new traders who want to make quick decisions without the complexity of advanced tools.

Understanding the 5 Second Olymp Trade Strategy

Before we begin with the trading method, let's understand what moving averages are:

• • Simple Moving Average (SMA): This indicator calculates the average asset price over a specific period, plotted across your trading chart. It helps in identifying the trend direction.

• • Exponential Moving Average (EMA): The EMA gives more weight to recent prices, making it more sensitive to new information. When used in conjunction with SMA, it can provide a clearer signal for entry points.

Setting Up Your Olymp Trade Chart

For this strategy, you will set up two moving averages:

1. 1. SMA (3): Set this 3 SMA's to a period of 24, 19, &15. This will represent the overall trend.

1. 1. EMA: Set this to a period of 30. This will help you catch quick changes in price movement and our optional baseline for the trend follower.

The 5 Second Olymp Trade Strategy Rules

Here’s how to implement the strategy:

For Buy/Sell Signal:

• • Wait for the 24, 19, 15 to align with each other along with the 30 EMA.

• • Ensure that all of the SMA is aligned as well as the EMA.

• • As soon as all were aligned and confirmed, place a 5-second buy/sell trade.

Why This Strategy Works for Beginners

• • Simplicity: It uses only two indicators, making it less overwhelming.

• • Speed: The 5-second timeframe means you can practice and learn without waiting hours for results.

• • Cost-effective: No need for premium indicators; both SMA and EMA are free and widely available.

Tips for Success

• • Practice on a demo account first to build confidence.

• • Keep an eye on news events that might affect market volatility.

• • Only trade with money you can afford to lose.