Top 5 Best Quotex Trading Strategies

Using Moving Averages: This strategy involves using simple moving averages (SMA) or exponential moving averages (EMA). Ultimatefxtools offers free strategies that you can use on. Try to find out the best strategies that may fit your own trading strategy:

Quotex Exponential Moving Averages

Using Relative Strength Index (RSI): RSI is a momentum oscillator that measures the speed and change of price movements. Binary Traders often use a 12 Period with a 80 overbought and 20 oversold. The strategy is to identify potential reversals by looking for divergences between price and RSI. Here are some examples of Quotex Trading:

Quotex Trading Strategy – RSI

Volatility Breakout with Bollinger Bands: Bollinger Bands measure price volatility around a moving average. Typically, Binary traders use this standard deviation with a 14-period moving average. When the price breaks out of the Bollinger Bands, it may indicate a strong trend toward the breakout. Best to have the 2.5 to 3 Deviation Settings of the Bollinger Bands.

Using Stochastic Oscillator: The Stochastic Oscillator compares a particular closing price of a security to a range of its prices over a certain period. The theory behind this strategy is that if a price range is high for the day, sellers will bring the price down, and if a price range is low for the day, buyers will push the price up.

Price Action Trading using Candlestick Patterns: While not an indicator in the traditional sense, candlestick patterns can provide visual cues to help traders make decisions. Patterns such as dojis, hammers, and engulfing patterns can provide insights into potential reversals or continuations of trends.

There are essential strategies to use in our Top 5 Best Quotex Trading Strategies.