Today, we want to share with you all a trading strategy that's | Binomo

Today, we want to share with you all a trading strategy that's been yielding great results: the Moving Average + Stochastic strategy

Here's how it works:

First, use the Moving Average (MA) to identify the trend. Add it to the chart with the default settings. If the price is above the MA, it's a signal to trade up. Conversely, if the price is below the MA, it's a signal to trade down.

Next, add the Stochastic oscillator to the chart. When the Stochastic is above 80, it's a signal to trade down. When the Stochastic is below 20, it signals to trade up.

Combining these two indicators lets you pinpoint the best entry and exit points for each trade, increasing our chances of success. Give this strategy a try on the platform right now!