"Superior Quotex OTC Strategy"
"ADX filtering method"
"Superior Bollinger Strategy"
Superior Quotex OTC Strategy
Welcome to Quotex, a trading broker where we make money in trading. We’re here to elevate your trading experiences and help you reach promising profitability results. Our latest strategy is versatile and can be traded on either OTC or regular markets. But remember, always invest what you can afford to lose.
Meet the Bollinger Band
Firstly, we’ll equip our strategy with the Bollinger band, attaching it to the chart with a period of 13 and a deviation of 3. Though it’s merely a supporting indicator of our trading method, its settings are ideal for a one-minute candle chart. Don’t worry, we’ll be trading for just 15 seconds. The Bollinger Bands come in two versions: one identifies trends while the other spots reversals.
ADX Oscillator
Next up is our ADX oscillator; a tool that makes it easy to identify strong trends. It’s not just an excellent indicator for trading but also sets the ADX smoothing to 10 and the Di length to 11. Once the ADX is added to your chart, we’ll guide you to use it for trading with a one-minute expiration time.
Learning from the Indicators
We have a long red Wick indicating a possible shift upward. It may produce a green candle, confirming that the trend will rise for a few seconds. The ADX shows momentum going higher, making it good for trading. If our candle bar touches the lower Bollinger Bands, It is the best chance to trade Higher.
Continuing Your Trading Education
For a solid understanding of how trading works, we recommend legitimate, free resources. Websites like babypips.com and investopedia.com offer comprehensive trading courses. If you’re interested in additional strategies to excel in trading, consider using our trading indicators for further trading ideas.
Examining Trading Results
After achieving strong trading results, let’s examine another currency pair. In this case, the trend is downward. We’ll adjust our ADX color lines for better identification of strong trends and change the plus di color to yellow.
Spotting Potential Reversal Points
Observe when our candle reaches the highest resistance level, as this suggests a potential reversal point. Given the current situation and the fact that our ADX yellow line is at the same level as the green line or ADX line, it’s time to trade lower. This situation indicates a high chance of reversal.
Despite potential losses due to trend miscalculations, we can recover by employing the Martingale strategy and doubling our trades. As the ADX shifts up along with our candle bar, let’s trade another currency pair.
