Turbo Strategy can drastically cut down on trading time while also increasing your trading activity’s profit. After all, these short-term contracts allow for earnings to be produced every 60 seconds! The only thing left to do is learn how to forecast whether the price will go up or down in the upcoming minute. There are some flaws with the Turbo Strategy. For instance, because trading takes place on the shortest time intervals, it is extremely subject to market noise. Turbo option traders combine many indicators to reduce noise.
How to set up the indicator for turbo trading?
On the Pocket Option platform, the Turbo strategy makes use of the following two technical indicators:
- Moving Average – It shows the main direction of price movement.
- Awesome Oscillator – It shows the strength of the price change.
The fundamental principle guiding the Turbo technique for trading trend reversals. Because of this, we require an extremely reliable oscillator to verify the signal’s validity. Select the relevant button to turn on the indicator with the preset settings. You can see a histogram that has been divided by zero in a new window below the graphic.
A signal to buy a contract must be generated by three moving averages. The EMA 25, EMA 18, and WMA 7 are the MA’s parameters. You must click the pencil icon next to each MA in order to make the aforementioned changes. When choosing the suitable moving average, be sure to provide the timeframe.
Set the WMAs to red and the two EMAs to the same color (yellow). Set the time period to 30 seconds and use the Japanese candlestick chart. Start with currency pairs as one asset if you’re new to binary options.
How to buy Turbo Strategy contracts?
You can begin trading binary options once everything is set up. Let me remind you that trading on reversals is the foundation of the strategy. It is a signal to buy the contract when the red WMA crosses both the green EMA in the same direction. The Osm Oscillator’s movement from one half of the histogram to the other, showing a trend reversal, serves as confirmation.
Attention! Both EMA lines should be crossed by the WMA. It is too early to begin the trade if it has exceeded EMA 25 but has not yet reached EMA 18.
So, the algorithm of actions is as follows:
- Call when the histogram shifts from a negative to a positive value and the WMA crosses both EMAs from bottom to top.
- When the Awesome Oscillator shifts into negative (down) area and the WMA crosses both EMAs from top to bottom, PUT.
The time frame for turbo trading is 30 seconds.
The expiration time in this situation shouldn’t be longer than one minute.
You can execute numerous transactions each day using the turbo approach for binary options, consistently growing your investment. However, risk management should not be overlooked because trading takes place on shorter time intervals. The management of trading capital must be more tightly under control while using the turbo options technique. Use no more than 2% of your account balance to complete each transaction for the best balance of reward and risk.
