Effective strategy for 5 minutes trade in Olymp Trade

What is SMA indicator?

SMA is a moving average which is very effective in technical analysis. The combination of 2 SMAs can offer a lot of interesting information. This is one of the best strategies in Olymp Trade.

How to set up effective pair of SMA in Olymp Trade

Click to Indicator tab in Olymp Trade screen and choose 2 SMA lines.

Remember to adjust these 2 lines so that you can easily observe them.

SMA 4: Dark blue. Increase the darkness of color so that it becomes more visualized

SMA 30: Red

You should set up the candlestick chart with time frame of 1 minute. That is the most suitable chart for 5 minutes order.

How to trade with SMA strategy in Olymp Trade

After setting up all the needed SMA indicators, you should take time to analyse the chart before buying the right Fixed Time Trade.

Buy the UP for 5 minutes when

– SMA4 cuts SMA30 from under SMA30.

– Buy the Fixed Time Trade right after the first candlestick signs that the intersection ends.

Buy the DOWN for 5 minutes when

– SMA 4 cuts SMA30 from above SMA30.

– Buy the Fixed Time Trade right after the first candlestick signs that the intersection ends.

Note: This strategy is very effective with markets which are affected by news. The more price fluctuates, the easier you can buy Fixed Time Trade.

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