BeanFX Boom And Crash Scalper 2
BeanFX Boom and Crash Scalper 2 will assist Boom and Crash traders on how to scalp quick profits when trading Boom and Crash index. This strategy is a combination of two common Meta Trader 5 indicators.
The indicators are Moving averages and Bollinger Bands. The ideal time frame that traders can use for this strategy is the 15 mins time frame. (Please try this strategy on a demo account before going live).
(You can use Boom and Crash Scalper and Scalper 2 strategies for scalping Boom and Crash).
(Binary dot com also known as Deriv dot com is the only broker that has Boom and Crash Index).
Sign up via this link to open Boom and Crash Index trading account…https://track.deriv.com/_WxWzztorkVi2vdm9PpHVCmNd7ZgqdRLk/1/) Contact Ducoy on telegram for free account opening assistance https://t.me/joinchat/AAAAAE97zaWdZg5KBbrIVQ
SPECIAL OFFER: If you register/open binary account via the referral link, daily profitable signals await you as soon as you fund the account.
(Contact Ducoy on telegram to be added to a private telegram signal group as soon as your newly opened account is funded).
Contact Ducoy on telegram for more info.
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How To Setup Indicators On MT5
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How To Setup The Indicators
Two moving averages and Bollinger Bands indicators are installed on the main MT5 window with the following settings:
To read the indicators on your MT5 chart, zoom out the chart completely.
When both the Red Simple moving average and Purple Bollinger Bands cross up above the Blue moving average, this means price is trending up.
Price is trending down if both the Red Simple moving average and Purple Bollinger Bands cross down below the Blue moving average.
When to Buy or Sell:
In an uptrend, BUY when price forms higher highs above both the Red Moving Average and Purple Bollinger Bands.
On the other hand, in a downtrend, SELL when price forms lower lows below both the Red Moving Average and Purple Bollinger Bands.
Take Profit and Stop Loss Levels:
When buying Boom and Crash Indexes, set your take profit at the nearest resistance. However, Boom and Crash profit can booked on a Buy position at the point when a sell signal occurs.
Stop loss for the buy trades may be placed below the recent support or swing low.
For sell trades, traders can take profit at the nearest support. However, try to take profit on short positions near the point when a buy signal shows up.
Stop loss for the short positions can be placed above the recent swing high or resistance.
CRASH 1000 15 MINS TIME FRAME 14 MAR 2020 13:05 GMT
(Broker: Alpari … https://alpari.com/en/?partner_id=1244646)
(Broker: Exness … https://www.exness.com/a/t0q1u0q1)
(Broker: FXTM… http://forextime.com/?partner_id=4806145)
14 Replies to “BeanFX Boom And Crash Scalper 2”
Can we have lower timeframe,like 15m scalping strategy for FX?
Good day sir
Is there any strategy on how to catch spike
Trading crash and boom
Let’s discuss on telegram https://t.me/joinchat/AAAAAE97zaWdZg5KBbrIVQ
Hi, thanks for your strategy… I tested the V75 scalping 4 and it was great.. I wanted to ask about this one, DA it be use in other index?
Can you help me with a good spike trading strategy
Oh yes. Read up the article MEGAPHONE PRICE SWING STRATEGY. Practice it, it will help you to identify valid spikes.
Will this settings work on android and what is the zoom level for android?
Yes, zoom level 0 or 1
Hello BeanFxTrader, mine is o thankyou for great articles and video setup you share regarding profitable trading, i use several and am profitable, all the way from Kenya representing keep it up
Thanks for the feedback.
I hope this works. Will test it out first on my demo account. Thank you ?
You are welcome.