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On Quotex
Md Robel
🙏 4 karma
May 9, 2025
1-Minute Candlestick Strategy for Quotex OTC Markets
Overview
This strategy combines multiple technical indicators and price action analysis to generate high-accuracy buy and sell signals for 1-minute candlesticks in Quotex OTC markets. The goal is to maximize trading profits while minimizing risks.
Indicators Used
Signal Criteria
BUY Signal
SELL Signal
Output Format
Strategy Explanation
This strategy uses a multi-indicator approach to filter out false signals and adapt to market volatility. Each indicator provides a unique perspective on market conditions, and the combined signals aim to increase the accuracy of trade entries.
Precise Entry Points: Stochastic Oscillator is used to generate more precise entry points during reversals. A buy signal is generated when stochastic lines cross upwards from oversold (below 20). A sell signal is generated when stochastic lines cross downwards from overbought (above 80).
Example Trade
Suppose the current market conditions are:
Price: 1.2000
EMA5: 1.1980
EMA10: 1.1990
EMA50: 1.1950
RSI: 25
MACD Histogram: 0.005
MACD Lines: Bullish crossover
Stochastic Oscillator: 15
Bollinger Bands: Price touches lower band
In this scenario, a BUY Signal is generated:
Entry Point: 1.2000
Take Profit (TP): 1.2050 (nearest resistance level)
Stop Loss (SL): 1.1960 (2x average candle body size below last swing low)
Win Probability: 80% (based on indicator alignment)
Reaction to Sudden Market Movements
In the event of sudden market movements, traders should:
Monitor the indicators and adjust the strategy accordingly.
Set stop-loss orders to limit potential losses.
Avoid over-trading and focus on high-probability trades.
By following this strategy, traders can increase their chances of success in Quotex OTC markets while minimizing risks. However, it is essential to backtest and refine the strategy to adapt to changing market conditions.