Scalping, as one of the most commonly used types of aggressive trading, allows you to get quick income without going deep into the market system. The main feature of scalping strategies is the high speed of conclusion of operations and transience. At the same time, such approaches require a trader to pay special attention and focus on quotes in order to avoid missing successful entry points to the market.
In this article, we analyze the "Wicked scalping" strategy for binary options on crypto.
Сharacteristics:
Type: Trend & Channel
Timeframe: M1-M5.
Trading asset: Any options trading signals. The main requirement is a fixed (2-3 points) spread and no hidden fees.
Trading time: All Forex trading sessions.
Percentage premium option: Not less than 70-75%.
The strategy uses three technical indicators:
EMA - Exponentials Moving Averages with periods 14 and 35. Trend indicators by which we determine the opening point of crypto market. The strategy is not intended for trading during flat periods. We trade only if the range is between at least 15-25 points!
BB - Bollinger Bands − the horizontal direction of the BB lines confirms the presence of a flat, the breakdown of the lines will be the crypto trading signal of its end. If the range is wide enough, you can open options to roll back from the borders. This method is recommended only for experienced traders!
MACD (12, 26, 9). This indicator works both as a trend and as an oscillator instrument, so it will be the final signal to open an option.
Watch a video about this strategy
Scalping with binary options on digital money can bring stable profits even on standard technical indicators. The main condition is for crypto brokers to execute trade orders with a minimum delay. Here you will benefit from such qualities as concentration and composure, and the availability of tools for quick market analysis will allow you to make the right decisions in time.