Profitable trend trading in the vfxAlert mobile application
Traders often prefer to analyze market entry points using a trend line. A trend is a vector of movement of a quote for a certain period of time. These trading strategies are called trend strategies and are based on trend indicators. A buy entry into the market is carried out when the indicator gives a signal of a price increase and vice versa, sell when a signal of a price fall. Using such strategies, you can profit from both the rise and fall of the price. Today we will understand how the simple trend strategy Pocket Option and the vfxAlert mobile app work. Strategy characteristics: Type : Trend Timeframe : Any in the range M1-M5. In our case, M1 is used, but with an increasing period of analysis, the accuracy of the signal increases. Trading asset : Any currency pairs. The main requirement is a fixed (2-3 points) spread and no hidden fees. Trading time : All Forex trading sessions. Recommended expiration : 5-10 min. Technical indicators: Stochastic − the oscillator will assess the