My Number one Spike strategy for Boom and Crash - Motivation Africa (2024)

FAQs

What is the best indicator for spike on boom and Crash? ›

You can use indicators such as moving averages, Bollinger Bands, and Relative Strength Index (RSI) to identify when the market is trending and when a spike may occur. Monitor news and events: The Boom and Crash indices can be affected by global events and news.

As a rule of thumb:

Never lose more than 10% of your equity in a single trade (that is while you have stop loss) Your lot size matters, especially based on your equity and capital. So grow your account bit by bit, don't aim to hit it big with just one stupid big lot.

The movement of these indices are automated and based on randomly generated numbers by a programmed third party which makes it difficult to manipulate its movement pattern. The Boom and Crash Indices are very different from the rest of the forex pairs and commodities traded today.

The EMA indicator is regarded as one of the best indicators for scalping since it responds more quickly to recent price changes than to older price changes. Traders use this technical indicator for obtaining buying and selling signals that stem from crossovers and divergences of the historical averages.

The Relative Strength Indicator (RSI) is very popular, and for a good reason. Welles Wilder invented RSI in the 1970s, which is now the most used trading indicator.

Scalping is one of the most popular strategies. It involves selling almost immediately after a trade becomes profitable. The price target is whatever figure means that you'll make money on the trade. Fading involves shorting stocks after rapid moves upward.

One strategy that is quite popular among experienced options traders is known as the butterfly spread. This strategy allows a trader to enter into a trade with a high probability of profit, high-profit potential, and limited risk.

Does stop loss work in boom and crash? Stop-loss is designed to stop the trading process automatically when a price movement gets out of hand. But the speed of the boom and crash market means SL orders can find it hard to respond quickly enough.

Does stop loss works on Boom and Crash? off course it does, in this article, I am going to guide you on how to use stop loss in Boom and Crash.

What is the best time to trade synthetic indices? ›

Thus, for seasoned traders, the interval between 9:30 to 10:30a. m. ET is one of the best hours of the day as it offers the biggest moves in the shortest amount of time. You should also consider that different indices are traded at different times, depending on the individual exchange.

If you are trading a Market like Crash 500 and Crash 1000 and your focus is only on getting small profit at interval, you should have Exponential Moving Average (EMA) 200 and Simple Moving Average (SMA) 9 on your chart.

RSI is often used to obtain an early sign of possible trend changes. Therefore, adding exponential moving averages (EMAs) that respond more quickly to recent price changes can help. Relatively short-term moving average crossovers, such as the 5 EMA crossing over the 10 EMA, are best suited to complement RSI.

Therefore, the exponential moving average may be considered the best moving average for a 5 min chart. A 20-period moving average will suit best. The MACD indicator is based on the exponential moving averages. Usually, it consists of two lines and a histogram.

One of the most popular—and useful—trend confirmation tools is known as the moving average convergence divergence (MACD). This indicator first measures the difference between two exponentially smoothed moving averages. This difference is then smoothed and compared to a moving average of its own.

Stochastics are a favored technical indicator because they are easy to understand and have a relatively high degree of accuracy. It falls into the class of technical indicators known as oscillators. The indicator provides buy and sell signals for traders to enter or exit positions based on momentum.

Intraday trading: This trading type makes you buy and sell your stocks on the same day before the market closes. You need to track your market position the entire day, looking for a good opportunity to sell your stocks. Intraday trading is a great method of making fast profits provided you invest in the right stocks.

What is the simplest trading strategy in the world? ›

One of the simplest and most effective trading strategies in the world, is simply trading price action signals from horizontal levels on a price chart.

A trader only thrives when a short straddle is in a market with little or no volatility. The opportunity to profit will be based 100% on the market's lack of ability to move up or down.

Rule 1: Always Use a Trading Plan

A trading plan is a set of rules that specifies a trader's entry, exit, and money management criteria for every purchase. With today's technology, test a trading idea before risking real money.

Stay disloyal in trading. Never be psychologically involved in a trade and ignore any trading ideas, which push you to unsystematic behaviour. If the market accepts your idea as unviable, close the loss-making position and do not focus on the failure.

Don't use leverage: This should be the most important golden rule for any investor who is entering fresh into the world of stock trading, never use borrowed money to invest in stocks.

One of the main reasons professional traders don't use hard stop losses is because they use mental stops instead. The advantage of this is that you don't have to 'give away' where your stop loss is by placing it in the market.

'If anybody ever comes along...' The chairman and CEO of Berkshire Hathaway doesn't sell stocks using a stop-loss order because of its short-term focus. And because he has long maintained that trying to time the market is impossible.

In Boom and Crash, we have the Buyers, Decentralized market and the sellers. Unlike the stock market, the Boom and Crash market is greatly control by market orders from buyers and the sellers.

Boom and crash strategy is a methods use to trade synthetic indices in that makes profit. One can actually be profitable on it either on trading spike or normal trading. There are so boom and crash indices but mastering the one that wins is the best.

What is the best stop loss strategy? ›

The Percentage Rule

Some traders believe in determining a percentage of loss. For example, an investor may choose to place a stop-loss order at 10%, that is the stop loss will be triggered when the stock price reaches 10% below the buy price. This is one of the popular stop-loss strategies.

Stop losses should only be moved either after a defined period of time has elapsed, or after the trade has moved in the trader's favor by a relatively large amount, compared to the risk of the trade.

Top of our list of the best indices for trading is the US Standard & Poor's 500 Index (known as S&P 500). It is based on the market cap of the largest 500 companies listed on the NYSE or the NASDAQ. Because of its diversity, this index is one of the most traded stock indices. Its movements are widely followed.

The opening 9:30 a.m. to 10:30 a.m. Eastern Time (ET) period is often one of the best hours of the day for day trading, offering the biggest moves in the shortest amount of time. A lot of professional day traders stop trading around 11:30 a.m. because that is when volatility and volume tend to taper off.

The U.S./London markets overlap (8 a.m. to noon EST) has the heaviest volume of trading and is best for trading opportunities.

Boom and Crash are indices that are only available on the Deriv.com platform. They include Boom 500, Boom 1000, Crash 500 and Crash 1000.

The APZ indicator can be useful for any market or chart interval, and it is particularly well suited to choppy, non-trending markets.

Bollinger Bands can be used in combination with different indicators, like RSI, as well as support and resistance, moving averages, and any other research tools that may support your analysis.

The Extreme Spike shows colored dots in the indicator window, signaling an upcoming on-trend movement. The position of the dots on the chart indicates whether it will be a bullish or bearish price movement. This indicator plots the trend reversal signals during an extreme overbought/oversold market.

Boom and crash strategy is a methods use to trade synthetic indices in that makes profit. One can actually be profitable on it either on trading spike or normal trading. There are so boom and crash indices but mastering the one that wins is the best.

Why does stop loss not work on boom and Crash? ›

Does stop loss work in boom and crash? Stop-loss is designed to stop the trading process automatically when a price movement gets out of hand. But the speed of the boom and crash market means SL orders can find it hard to respond quickly enough.

Bollinger Bands typically use a 20-period moving average, where the "period" could be 5 minutes, an hour or a day.

Therefore, the exponential moving average may be considered the best moving average for a 5 min chart. A 20-period moving average will suit best. The MACD indicator is based on the exponential moving averages. Usually, it consists of two lines and a histogram.

In gridiron football, a spike of the ball is a play in which the quarterback intentionally throws the ball at the ground immediately after the snap. Officially an incomplete pass, a spike play stops the clock at the cost of exhausting a down without any gain or loss in yardage.

During the spike detection, the ADC is configured to work at 30kS/s, and the neural signal is monitored to check if it goes above a certain threshold voltage, which is calculated through a background process that averages the background noise.

Spike detection is the task of distinguishing neural action potentials, or spikes, from background noise and interference. An example of spikes with background noise is shown in Fig. 7.1 Noise and interference comes from a variety of sources, both within and outside of the spike frequency range.