30 Second Quotex Trend Detector

30 Second Quotex with Trend Detector

We will guide you on how to focus on a powerful combination of the Awesome Oscillator and Keltner Channel, specifically tailored for trading OTC currencies. By following these steps with caution and alertness, you can significantly improve your trading success, especially in 30-second durations.

Setting Up Your Indicators

1. Keltner Channel:

   • Set the ATR period to 10
   • Set the EMA period to 20
   • Use a multiplier of 3

2. Awesome Oscillator:

   • Set the short period to 7
   • Set the long period to 50
   • Adjust the opacity to 100

3. Candle Time Frame:

   • Use a 5-second candle time frame.
   • Set your trading duration to 30 seconds.

Trading Strategy

Identifying Good Trading Spots

• Look for consecutive red candle bars moving down in the middle of the Awesome Oscillator.
• Ensure that the trend bar is positioned at the middle of the Keltner Channel before placing a trade.
• Avoid trading if the trend is at the uppermost or lowermost bands of the Keltner Channel.

Example Situations

1. Downtrend Confirmation:

   • If you observe a downtrend with the Awesome Oscillator showing red bars, and the trend bar is also at the middle of the Keltner Channel, this indicates a good opportunity to trade downward.

2. Avoiding Upper Band Trades:

   • If the trend is close to the uppermost band of the Keltner Channel, it’s advisable to refrain from trading in that direction, even if there are signs of an uptrend.

3. Consistent Downtrend:

   • When you spot a downtrend with smoothing in both indicators, and they align in the middle region, it signifies a high chance for a downward movement in the next 30 seconds.