Quotex Trading Strategy ((new))
Only take 3-5 such trades per hour. Overtrading kills profitability.
This strategy targets price reversals. When the price touches the lower Bollinger Band and the Relative Strength Index (RSI) is below 30, it indicates an "oversold" condition, signaling a potential "Call" (Up) trade. Conversely, touching the upper band with an RSI above 70 suggests an "overbought" state for a "Put" (Down) trade. quotex trading strategy
This is often the most reliable approach for beginners. By using a combination of a short-term and long-term Moving Average (e.g., EMA 5 and EMA 13), traders can identify the overall market direction. A trade is placed when the short-term EMA crosses the long-term EMA in the direction of the trend. Only take 3-5 such trades per hour
Use Quotex’s demo account (unlimited virtual funds) to test every strategy for at least 100 trades before going live. When the price touches the lower Bollinger Band
When Bollinger Bands contract tightly (squeeze), volatility is low. A big move is imminent. On Quotex, you wait for the squeeze to break.
: Use a 20-period and 50-period moving average. A strong signal occurs when these lines cross and point in a specific direction. RSI + CCI Combo