Quotex Strategy $1000 a day

Quotex Main Indicators Parameter Settings

To effectively implement and use this trading method, it is a must to set the parameters correctly. Here’s a breakdown of the recommended settings:

1. Zigzag Settings: Set the zigzag with a deviation of five, a depth of fifteen, and a backstep of seven. This setting is based on the deviation of the stock, considering its volume.

2. Bears Power Settings: Configure Bears Power indicator with a period of 13. You can choose your preferred color and thickness for better charting visibility.

3. Awesome Oscillator Settings: Use an awesome oscillator with a short period of three, a long period of 24, and an opacity of 100. This indicator or oscillator will help you dominate the market by identifying potential reversals.

Identifying Quotex Reversal Opportunities

Now that we have set specific parameters with distinct settings. Let’s focus on identifying potential reversal points:

1. Zigzag and Downtrending Candles: Pay attention when the downtrending candles align with the zigzag line, particularly when they converge at the long red wick. This indicates a possible reversal or change in trend.

2. Red Bars on Awesome Oscillator: Observe the awesome oscillator for a series of red bars during this convergence. This further confirms the potential reversal.

3. Bears Power and Green Candle: Watch for the Bears Power indicator to rise, clearly indicating the trend direction. Simultaneously, if a short green candle appears, it signifies a potential reversal opportunity.