Everybody can find his or her own interesting and profitable strategies among many existing trading strategies. If you are trading in the medium range and if you already use a wide range of instruments available at the Olymp Trade, we suggest you pay attention to the Cobra strategy. It will help you trade any currency following clear signals and make good money.
If you ask a question: “How to eliminate market noise to see current price trends,” the answer is “Use the Zig Zag indicator. You can find it among standard tools in the Olymp Trade terminal.” The Zig Zag indicator plots points on the chart whenever prices reverse by a percentage greater than a pre-set variable.
The stochastic indicator is a momentum indicator that trading experts often call “the cornerstone of the strategy,” because it shows the position of the most recent closing price relative to the previous high-low range. The indicator measures momentum by comparing the closing price with the previous trading range over a specific period of time. There are many modifications, however the classic version of Stochastic very popular among traders.
Cryptocurrencies are hot in binary trading. They became a global phenomenon often discussed in various forums on Bitcoin, Ethereum, or Litecoin. Crypto niche attracts the attention of investors, traders and ordinary people from around the world due to price turbulence and high returns.