Best Trading Strategy With 5M Time Interval - Iq Option OTC Market
Best Trading With 5M Iq Option Time Interval
Hello traders and welcome back to our website. This article will give back on trading methods in the Iq Option platform. This best method or strategy can be used specifically for the OTC market and 5M time interval. Actually, we can use several effective methods in conducting trade analysis, but I recommend using the trading method that you think is suitable.
So, in using the strategy that we will discuss, first use moving average indicators that are very well known, including:
1. Moving average
-Period: 6
-Type: SMA
-Color: Adjust the color for comfort when trading. (can be changed)
2. Moving average
-Period: 14
-Type: SMA
-Color: The color must be different from the MA period indicator 6
3. Moving average
-Period: 50
-Type: SMA
-Color: the color must be different from MA periods 6 & 14 (whatever it is)
4. Candle interval time
In this case, using a candle interval of 5M. duration.
Lower/Higher Signal
-LOWER signal
The price must be below the third of the MA line, for more details you can see the picture below.
The picture above shows the signal to open a position (LOWER).
-HIGHER Signal
The price must be above the third of the MA line, for more details you can see the picture below.
The picture above shows the signal to open a position (HIGHER).So, that's a trading strategy with 5M time intervals on the Iq Option platform for the OTC market, I think this strategy is very easy to understand. In addition, we recommend when you want to make a purchase, the best moment is when there is a cross from the MA line. If you want to try this method, please do it on a demo account first, and remember here there is no compulsion to follow this method.
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