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✨Strategies
Strategies are tools designed to simplify your trading decisions. These pre-built sets of indicators and oscillators are at your disposal, providing you with valuable insights on the perfect timing to enter and exit trades. Take advantage of these ready-to-use tools and enhance your trading experience.
🤔Strategies Mechanics
Strategies are combination of indicators and oscillators that work together to give recommendations for entering and closing points of trades. You can choose one of the free strategies, subscribe to a paid advanced strategy, or even create your own strategy.
📝Strategy Activation
- Click on "Technical Analysis."
- Then choose "Strategy" and all available strategies will appear.
🎯Strategies list
Relative Strength Law
The Relative Strength Law is a strategy that goes against the trend. Its fundamental principle is to execute trades based on a trend reversal by using the RSI oscillator. To initiate an Up trade, one must open it when the RSI crosses the 30% level from the bottom up. Conversely, to initiate a Down trade, one must open it when the RSI crosses the 70% level from top to bottom.
Do you prefer visual illustrations? We do!
🎥Video illustration
Japanese Trend
Japanese Trend strategy implies trading in the direction of price movement. This strategy relies on the RSI oscillator and Haiken Ashi candles. For an Up Trade, you should open a trade when the Heiken Ashi candles clearly indicate an uptrend and the RSI indicator crosses the 50% level from the bottom up. On the other hand, for a Down Trade, you should open a trade when the Heiken Ashi candles clearly indicate a downtrend and the RSI indicator crosses the 50% level from top to bottom.
This video illustrates how to use the strategy.
🎥 Video illustration
Sliding on Averages
The Sliding on Averages technique utilizes two Simple Moving Average (SMA) indicators. To implement this strategy, set the chart time frame between five minutes and one hour. The SMA indicators work to indicate whether the asset is trending upwards or downwards.
A strong shift in trend is signaled when the two lines intersect. To execute a Down Trade, open a trade when the SMA (4) crosses the SMA (60) from above, indicating a downward trend. Conversely, to execute an Up Trade, open a trade when the SMA (4) crosses the SMA (60) from below, indicating an upward trend. This is a simple yet effective strategy that traders of all levels can utilize.
Get the visual illustration⬇
🎥 Video illustration
Japanese Pearl
The Japanese Pearl is a popular trading strategy that can be applied to time frames ranging from 10 minutes to one hour. It incorporates the Ichimoku Cloud indicator and utilizes Heikin Ashi style charts. For an upward trade, keep an eye on the chart for the yellow Tenkan Sen line crossing above the red Kijun Sen line. Conversely, for a downward trade, observe the chart for the yellow Tenkan Sen line crossing below the red Kijun Sen line.
🎥 Video illustration
Reflection
Reflection is an effective strategy that goes against the trend. By utilizing Stochastic Lines and Horizontal Lines, traders can profit from this counter trend approach. It is recommended to use a time frame of 5-15 minutes. For an Up Trade, wait for one or two of the following signals:
- Quotes hitting a support line.
- The Stochastic lines transitioning from below to above 20 [green line].
- A reversal pattern forming, such as Bullish Engulfing or Three Outside Down.
On the other hand, for a Down Trade, wait for one or two of the following signals:
- Quotes hitting a resistance line.
- The Stochastic lines transitioning from above to below 80 [green line].
- A reversal pattern forming, such as Bearish Engulfing or Three Outside Up.
🎥Video illustration
Average intersection
The Average Intersection strategy gets its name from the two Simple Moving Average (SMA) indicators it utilizes. Adjust the chart's time frame to be between five minutes and one hour. These indicators work in tandem to indicate whether the asset is trending upwards or downwards. A strong shift in trend is signaled when the two lines intersect. For a Down Trade: If the SMA (4) crosses the SMA (60) from above, it indicates a downward trend. In this case, open a Down trade and set the Stop Loss at the recent high.
Close the trade when the lines cross again. For an Up Trade: If the SMA (4) crosses the SMA (60) from below, it indicates an upward trend. In this scenario, open an Up trade and set the Stop Loss at the recent low. Close the trade when the lines cross again. This is a basic strategy that traders of all levels can use.
🎥 Video illustration
Chasing the trend
To follow the trend, you can use the trend strategy based on Haiken Ashi candles, RSI, and Awesome Oscillator. For an Up trade, look for clear uptrends in the Heiken Ashi candles. When the RSI crosses the 50% level from the bottom up and the nearest Awesome Oscillator bar is green, open the trade.
To protect your trades, place the Stop Loss slightly below the closest local minimum. Finally, close the trade when the Awesome Oscillator changes color to red. On the other hand, for a Down trade, observe clear downtrends in the Heiken Ashi candles.
Open the trade when the RSI crosses the 50% level from top to bottom and the nearest Awesome Oscillator bar is red. Place the Stop Loss slightly above the closest local maximum to minimize risks. When the Awesome Oscillator changes color to green, it's time to close the trade.
🎥 Video illustration
Japanese Classic
The Japanese Classic is a versatile strategy that can be applied to time frames ranging from 10 minutes to one hour. It incorporates the Ichimoku Cloud indicator and utilizes Heikin Ashi style charts.
To initiate an Up trade, keep an eye on the chart and wait for the yellow Tenkan Sen line to cross above the red Kijun Sen line. Place the Stop Loss at the most recent low. When the lines cross again, it's time to close the trade. For a Down trade, observe the chart and look for the moment when the yellow Tenkan Sen line crosses below the red Kijun Sen line. Set the Stop Loss at the recent high. Once the lines cross again, it's advisable to close the trade.
🎥 Video illustration
🧩Custom Strategy
You have the ability to develop your own strategies by utilizing the indicators and oscillators displayed on your chart. Here's how to create your own strategy:
- Choose the indicators and oscillators you want to use.
- Click the three dots in the upper-right corner of the 'Instruments' section.
- Select 'Save strategy' from the dropdown menu.
- Give your strategy a name.
- Choose which trading modes you want your strategy to be available in.
- Choose the type of chart you want your strategy to be displayed on.
That's all! You are now able to activate your own strategy.🎉
📌Does using strategies guarantee trading results?
You have the option to decide whether or not to execute a trade according to the strategy. It's super easy! But super sensitive to know that strategies help with analytics but do not guarantee the results that might be affected by a lot of factors. Market add-ons are for informational and analytical purposes only. They should not be construed as investment advice or recommendations and you should do your own research and analysis.
👔Subscription steps
You can get the paid Strategy through "Trader's Way" or through buying it in "Market" section.
- At the left-sidebar, choose "Market," then scroll down and choose "Strategies."
- Choose the "Strategy" you want to use on the platform.
- Choose whether you want to subscribe or try for free.
- Choose your payment plan.
- Choose the sub-account you want to subscribe through. And turn on/off auto-renewal.
- Done. Now you can enjoy your Strategy!
❌Cancellation steps
Once you subscribe to a "Strategy", it won't be canceled till the end of the month. But you can cancel the auto-renewal at any time unless 24 hours before the renewal date.
- On your homepage, choose "Market" then "My purchases and rewards."
- Choose the strategy you want to cancel.
- Turn off auto-renewal.
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