Strategies for Pocket Options.
For all their technological and functional differences, the trading terminals of various option brokers are similar in one thing — they do not have the ability to add custom indicators. In fact, a trader should operate only with what is given by the developers of trading software. Working with what you have is not always convenient and profitable. But it is possible, and today we will describe several profitable schemes for Pocket Option.
A strategy is a system that organizes the trader’s work. Without it, you will never make a profit, and trading itself turns into disorderly casino bets. Today we will talk about 3 types of strategies for Pocket Option using standard indicators and graphical tools from the terminal of this broker.
The Pocket Option trading terminal offers 8 types of indicators for technical analysis. Not as many as it seems, but there are profitable ones among them. Indicators are tools that show the market situation using mathematical calculations. But it is precisely because of matanalysis that indicator tools are a little late in assessing the market situation. This fact should be taken into account when choosing the expiration time.
Simple Moving Average is a moving average with a period calculated from the number of bars in the history. This indicator is in the Pocket Option terminal and now we will describe how to build your trading system using it:
We will need 2 moving average indicators with different periods. So, we enter the section of available tools for analysis, specify the SMA and specify the period “4” in the settings. Choose the color of the indicator green (you can use any).
We select SMA again, but we prescribe the period “60” and set the color blue (you can also use any one).
We set the time interval of the chart to 15 seconds, and the expiration period to 2 minutes.
That’s all. Analytical tools are configured. The schedule and time are set. Now let’s describe the trade.
The principle of the strategy is based on the intersections of sliding between each other. The “CALL” option is opened when SMA 4 crosses SMA 60 from bottom to top.
In turn, the “PUT” option is opened when SMA 4 crosses SMA 60 from top to bottom. Everything is quite simple.
We recommend testing this strategy on a demo account. You can make your own adjustments to the settings of the periods of moving averages. But it is impossible to open deals after crossing, in the hope of continuing the direction of movement.
The Alligator indicator is popular among many traders. Trading on his testimony gives good results. The main thing is to gain experience in using it. The alligator shows the state of the price in the market — it determines whether the price is in a flat state or the origin of a movement in one direction or another.
Your next steps to start trading according to his testimony are as follows:
Select the Alligator indicator in the list of tools and configure it according to the photo.
Next, we define 2 fast indicator lines and set the colors yellow and green on them (you can use any). We define a slow line and set the color red on it.
The indicator is configured. It’s time to move directly to trading.
The algorithm for determining the state of the Alligator market is as follows:
If all three indicator lines are found close to each other and they are often intertwined— this will be an indicator of the state of the flat. At such moments, transactions should not be opened at all.
In the case of dividing the Alligator lines to the sides, with 2 fast ones crossing the slow red line from the bottom up, we open a deal to buy an option.
In the case of dividing the lines to the sides, with 2 fast ones from top to bottom crossing the slow red one, we open a deal to sell the option. As always, everything is simple.
The main thing is to wait for the right signal. At the same time, the expiration period should be increased to 5 minutes on the 1-minute period of the chart.
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Strategies for Pocket Options | TechPlanet
