Let me share the inside scoop on the Crocus strategy, a standout in the world of intraday trading. Unlike those high-speed options that focus on quick wins, Crocus boasts a solid 80% profitability—pretty awesome, right? The story behind the name? That’s anyone’s guess, but its profitability is clear as day. If you want to stay ahead while trading binary options, just keep an eye on the key rules offered by PocketOption broker platform I'll outline for you.
The Crocus strategy uses four powerful indicators: SMA, Alligator, MACD, and RSI.
All the tools you need are right in the Pocket Option terminal. Set up your chart properly using the menu they provide.
Chart Setup: Get It Right!
First off, you’ll need a candlestick chart on a M15 timeframe. My top tip? Stick with assets that have plenty of volatility.
Here’s the rundown on the settings:
- RSI: This one measures trend strength. Set the period to 15 candles and use the middle line as your guide.
- SMA: Use the simple moving average to spot market trends. Keep your plotting period at 100 candles.
- Alligator: This indicator has a unique role. When its lines cross the MA, it’s your signal to grab that contract—default settings work just fine.
- MACD: This is your confirmation tool. Stick with standard settings for reliability.
Once you’ve set everything up correctly, you’re ready to roll!
Executing Contracts with Crocus: Let’s Do This!
Remember, we’re on a fifteen-minute clock here, so be ready for buy signals to pop up fairly often. If you’re feeling daring, try the Martingale method to figure out the volume for your next trade.
When it’s time for a CALL option, look for the green line of the Alligator to cross the MA from below. Make sure the RSI is comfortably above the 50 level in the positive zone. Also, we want the MACD histogram above zero, with the fast green line riding high.
Now for the PUT contract, we’re switching things up: wait for the Alligator to cross down through the MA, make sure the RSI is in the negative zone, and the fast MACD line drops below zero.
Set your expiration time to 30 minutes—that’s two candles in the game.
Now, fair warning, intraday trading isn't for the timid. You'll be glued to these charts for a significant part of your day, needing laser focus to make it work. If that focus isn’t your style, you might find the ups and downs of intraday trading pretty challenging. But with Crocus, you could discover your sweet spot!
