BeanFX Boom And Crash Scalper 3
BeanFX Boom and Crash Scalper 3 will assist Boom and Crash Index traders on how to scalp quick profits when trading Boom and Crash index on Mobile MT5 app.
The indicators are Moving averages, Accumulation/Distribution, Momentum, Average Directional Movement Index and Bollinger Bands.
The ideal time frame that mobile traders can use for this strategy is the 15 mins time frame.
(Please try this strategy on a demo account before going live).
(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 Deriv 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 The Indicators
Indicator Window 1
How it works:
On the main chart, for you to have a Buy signal, allow price to cross and close above all moving averages.
On the other hand, for you to have a SELL signal on the main chart, allow price to cross and close below all moving averages.
Indicator Window 1:
Buy Signal occurs near the Lower Bollinger Band.
Basically, you will allow the Red moving average to cross above all moving averages.
When the Red moving average touch the Mid Bollinger band after crossing above all other moving averages, you have your Buy Signal.
Buy Confirmation occurs when the Orange moving average cross above the three Black moving averages.
Sell Signal occurs near the Upper Bollinger Band.
Basically, you will allow the Red moving average to cross below all moving averages.
When the Red moving average touch the Mid Bollinger band after crossing down on all other moving averages, you have your Sell Signal.
Sell Confirmation occurs when the Orange moving average cross below the three Black moving averages.
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.
(Broker: Alpari … https://alpari.com/en/?partner_id=1244646)
(Broker: Exness … https://www.exness.com/a/t0q1u0q1)