30 Second Trading with Alligator Indicator
Trading with 30 second duration requires sharp method and precise indicators. In this post, we’ll explore a method that combines candlestick patterns with the Alligator Indicator, focusing on its jaw, teeth, and lip settings, alongside the Composite Index.
Setting Up The Olymp Trade Strategy
Set the candlestick time frame to 5 seconds and attach the Alligator Indicator:
- Jaw Settings: 11
- Teeth Settings: 19
- Lip Settings: 11
This setup helps identify trend reversals and crossovers, which are crucial for short-term trades.
When the market trend is going down, and all three lines of the Alligator Indicator are also descending, watch for the red line of the indicator to cross below the blue line. This crossing indicates a potential reversal or retraction upward. Once it crosses, trade upwards.
Conversely, when the trend is moving upwards, wait for the red line to cross above the blue line. This crossover suggests a downward movement is likely.