IQ Option HI LOW BANDS | Currency Index
We want to share our trading strategy using the IQ Option platform. This method can earn you $500 daily or even more, depending on your execution and market conditions.
Key Focus: Currency Index
My trading efforts primarily focus on the currency index, specifically on two tradable currency indixes available on IQ Option: the JPY and the USD.
Trading Indicators Used
For this strategy, we utilize two key indicators:
High Low Bands
- Period: 12
- Percent Shift: 1
KDJ Indicator
- Period: 10
- Signal: 4
- Smoothing Factor: 4
- Overbought Level: 80
- Oversold Level: 20
Once these settings are configured, you will be ready to trade effectively.
Successful Trading Method
Observe KDJ Indicators:
- Pay attention to the three lines of the KDJ indicator. When they start getting closer together, there is a high probability that the trend will shift downwards.
Use a 10-Second Candle Time Frame:
- Shorter time frames tend to be less profitable, so stick with the 10-second candle.
Monitor High Low Bands:
- When the middle band is in the middle and the candle bar is above it, there’s a significant chance that the trend will move downwards.
Look for Confirmation:
- If you see the formation of a red candle, it further increases the chances of a downward move.
Place Your Trade:
- Proceed to place your trade expecting the market to decrease once you observe these signals.
Maintain Momentum:
- After securing a win, continue to look for further trading opportunities.