Trading Strategy Guide on Quotex Platform

Trading Strategy Guide on Quotex Platform

In this trading lesson. We’re going to share with you into a simple yet effective trading method that can be applied trading on Quotex. In this strategy, we focus on using 10-second candles along with a couple of key indicators to have better trading decisions.

Setting Up the Quotex Strategy

1. Candlestick Configuration: Begin by setting up your chart candles for 10 seconds.
2. Moving Averages: Set up two moving averages – one with a period of 20 and another with a period of 50. Make sure to adjust their colors based on your style.
3. Additional Trading Indicator: Add the Awesome Oscillator with a short period of six.

Trading Execution

1. Analyzing the Awesome Oscillator: Before opening a position, observe the Awesome Oscillator to determine the direction of the trend.
2. Opening a Position: If the candles and the Awesome Oscillator show an upward trend, consider opening a position in that direction.
3. Trading Confirmation: Look for the crossover of the moving averages as a strong signal to support your decision.

Tips for Success

• Stability over Trends: This method works well with stable movements rather than specific uptrends or downtrends.
• Stick to the Strategy: Avoid changing your method frequently, even in the face of a few losses.
• Patience and Consistency: Stay patient and consistent with your trades. Avoid opening multiple positions impulsively.