Pocket Option 2024 Trend WMA

Pocket Option 2024 Strategy

We used the Velocity X Indicator to find relative strength of our trend based on its parameter settings. It is an advanced Dream X Indicator with Trading Alerts. The indicator is optimized and have powerful trading ability to distinguish bad trades on quick trading.

Setting up the Strategy

• Step 1: Setting Candle Time Frame and Heiken Ashi

To start trading, set your candle time frame to 5 seconds. This allows for quick analysis and decision-making and is good for 1 minute trading. Set your candles into Heiken Ashi, which provide valuable insights into market trends and potential reversals.

• Step 2: Utilizing the Moving Average Indicator and its Settings

The moving average indicator is a powerful tool that helps identify trends and potential entry points. For this strategy, we must add and set the weighted moving average with a period of 42. Adjust the style of the moving average into 3px or 3 pixels, for a clearer visualization on the chart.

• Step 3: Incorporating the Velocity X Indicator

The Velocity X indicator comes with a reliable detection system that identifies possible reversals based on previous bars and specific parameters. Configure the Velocity X indicator as follows:

• Moving average period: 13
• Moving average method: Exponential
• CCI period: 14
• CCI applied price: Weighted price
• CCI levels: -100 and +100

While the reverse signals are still experimental, they have shown promising results in this strategy.

• Step 4: Identifying Trading Signals

Monitor the currency pairs on Pocket Option’s chart and wait for trading signals to appear. if the pop up signal shows an uptrend signal and the candle bar is below the weighted moving average, it indicates a potential trade opportunity to go higher. Conversely, if the signal presents a downtrend alert and the candle bar is above the moving average, consider trading lower.

• Step 5: Optimize Your Currency Selection

To maximize your trading returns, focus on selecting currency pairs with great returns. Delete low-return currency pairs from your portfolio and ensure that your MetaTrader 4 platform contains the right amount of currencies for optimal performance.