7 Best Quotex Trading Strategies – Choose the Best Quotex Trading Strategy
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You are looking for the best Quotex Trading Strategy to earn from binary options trading? Ensure to read this article to discover the 7 best quotex trading strategies you can use to trade binary options successfully! Read my Quotex review and learn why it is our favorite binary options broker since 2022!
Are you looking for the best Quotex trading strategies in 2023? Quotex is a well-established broker specializing in binary options trading. Keep on reading to find out more about the best strategies to trade binary options with success as well as how to find the best Quotex trading strategy for your needs and trading style!!
With its proprietary trading platform, it is easy to customize your trading experience and gain access to markets such as currencies, metals, oil, cryptocurrencies, and stock indices, with the potential to earn up to 90% of your investment.
Quotex also has 24/7 customer service and two-factor authentication to protect personal and payment information, which makes it an excellent choice for traders. You can read my full Quotex review by clicking here!
In this article, we’ll discuss the seven best Quotex trading strategies for 2023. Keep reading to learn more!
What is “Binary Options”?
Binary options are a type of derivative option where traders make a bet on the price movement of an underlying asset within a fixed period. This type of option is characterized by two possible outcomes, “buy” and “sell,” which a trader must choose between to make a successful bet.
The two outcomes are based on whether the option expires “in the money” or “out of money,” with “in the money” referring to a successful bet that the price of the underlying asset is greater than the strike price at expiration and “out of money” referring to an unsuccessful bet that the strike price is greater than the price of the underlying asset at expiration.
Binary options are also known as digital, all-or-nothing, one-touch, fixed return, and bet options. Quotex binary options strategies are a good way to reduce risk while also allowing you to make a lot of money from trading binary options.
Quotex Trading Strategies – How to use them for best results?
If you are searching for the best Quotex Trading strategies to trade binary options, make sure to follow these simple steps in order to get the best results possible!
- If you don´t have an Quotex account already, make sure to open your free Quotex Demo account by clicking here!
- Start with the first trading strategy for Quotex and start trading inside the demo account, Trade at least 50 trades in different markets and under different conditions to learn how the strategy is working and when to use it for best results (Read this article for more information about choosing the best markets to trade)
- Test all Quotex trading strategies you can find here on this page! Ensure to watch my Youtube Videos as well as to read my free PDF (See Below) for more details about my favorite Quotex trading Strategy!
7 Best Quotex Trading Strategies
Quotex is a popular trading platform that has gained popularity worldwide due to its low fees and attractive bonuses. Quotex offers traders different trading strategies ranging from simple to complex, with other payoffs.
Using the Quotex platform, you can use Price Action based trading strategies as well as Quotex trading strategies using technical analysis and indicators! Of course, you can also combine both trading techniques into one Quotex trading strategy, check out my Price Action Strategy PDF below for more information!
Here are the best 7 Quotex trading strategies you can use to increase your chances of making a successful trade:
1. Hikkake Pattern Trading Strategy
The Hikkake pattern trading strategy is a Japanese method used to identify potential market movements. This strategy relies on analyzing the last candlestick in a pattern of four general candles. If the last candlestick shows a downward movement, then Quotex traders can open a sell position.
On the other hand, if the pattern shows an upward trend with a last candlestick breakout that suggests a price increase, Quotex traders can open a buy position.
This strategy requires careful analysis of the four candles and an understanding of binary options strategies to be successful. Quotex traders can gain a competitive edge by using this binary option trading strategy.
2. Rebound Line Trading Strategy
The Rebound Line Trading Strategy is an excellent way for binary options traders to take advantage of the movement of prices of financial assets.
By carefully studying the price trend and candlestick position, Quotex traders can identify when the stock price reaches a resistance level and cannot break through the resistance line. When the candlestick closes on this support line, Quotex traders can assume that the price will not fall again, and they can then trade for a rise. This Quotex trading strategy can also be optimized using the Fibonacci retracement or by using a moving average as dynamic Support / Resistance Line!
This strategy requires close attention and careful market analysis to determine the best possible entry or exit points. With Quotex’s advanced binary options trading tools and features, traders can easily carry out the Rebound Line Trading Strategy to maximize their profits.
3. Anti-Marginal Trading Strategy
The Anti-Marginal Strategy is a popular Quotex trading strategy many traders use. It involves trading fixed-time trades on the Quotex platform and following certain rules to increase the chances of making a profit. For starters, it is recommended to start with an investment of USD 10.
After that, it’s important to analyze the market and forecast the price movement before entering into a trade with the expected direction. If the trade results in a loss, the trader should invest USD 5 for the next trading transaction. The amount can double if a successful trade is achieved.
In the case of a third loss, the trader should lower the amount to USD 5 and then open a trade with an analysis of the market. When the trade expires, the trader will see if they have made a profit. This strategy can be combined with other Quotex trading strategies here on this site!
4. Reversal Trading Strategy
Reversal trading is a powerful Quotex trading strategy that enables binary options traders to profit from market movements. It is based on three powerful indicators: SMA, MACD, and Bollinger Bands. To make this strategy effective, you should use a 15-minute timeframe. (Btw. you can use all quotex trading strategies for all timeframes normally, you just need to use the matching expiration time for your options!)
First, analyze the market and wait for a major price movement. When the candlesticks above the Bollinger bands have an upward trend, you should go for a Call. On the other hand, look for Put when the candlesticks are moving down and below the Bollinger Bands. The MACD chart should also be above zero for a Call and below zero for a Put.
False signals can happen, so it’s important to use a 5-minute to 15-minute timeframe. Quotex trading platform is the perfect place to use this strategy since it allows you to carry out transactions faster with binary options. With Quotex, you can easily capitalize on market movements and reap the rewards of reversal trading.
5. Haunting Trading Strategy
The Quotex Haunting Trading Strategy is one of the more complex strategies to use, but it also has the potential to yield higher returns as it allows traders to trade in a lower timeframe.
This strategy is based on forming at least three candlesticks within a shorter expiry time. To execute a Call position, traders should look for an upward movement in all the lines and an RSI above 50.
To execute a Put position, traders should look for when the Alligator lines are going downwards. Other technical indicators, such as Moving Averages and Stochastics, can be used to verify the trends further. It’s important to remember that only experienced traders who know the risks of trading binary options should use this Quotex trading strategy.
6. Turbo Trading Strategy
Turbo Trading Strategy is one of the most popular quotex trading strategies used by binary options traders. This strategy uses two major technical indicators – Moving Average (MA) and Awesome Oscillator (AO). The MA serves to identify the direction of a price movement, while the AO helps to measure the strength of a price change. Traders can benefit from this strategy by detecting trend reversals and entering trades accordingly.
For example, when the WMA crosses EMA lines and the histogram becomes positive, it is a signal to enter into a call trade. Similarly, when AO enters the bottom area, it indicates that a put trade should be entered. The best time to use this Quotex strategy is in the first 30 seconds of a less-than-one-minute window.
7. The Hedging Strategy
The Hedging Strategy is a popular technique that new binary option traders can use to maximize their profits. This strategy involves simultaneously placing both a call and a put option on an assetin the same timespan – done correct, this can lead to increased return while you minimize your risk!
The potential downside to this strategy is that it requires a great deal of accuracy when calculating the risk and cost of losing one of the trades. Consequently, it is important to understand the market and choose trades carefully.
Binary options trading can be a great way to make money quickly, but it is important to remember that it comes with certain risks. With binary options trading, traders take on a fixed amount of risk when entering into trades. While you will lose your money if you just start trading without trading strategy, its can be highly profitable if you use one of the Quotex trading strategies you can find here on this site!
All trading strategies shown here can be used with almost any broker for binary options, you can read more about the best Quotex alternatives by clicking here!
The potential rewards are high, but so are the risks. It is important to have a strategy when trading binary options and to understand the market dynamics.
Our free binary options strategy PDF is meant to help traders learn more about binary options trading and how to make a good strategy.
It provides tips and guidance on the most successful binary options trading strategies and how to navigate the risks associated with binary trading. Download our free binary options strategy PDF today to learn more about my favorite Quotex trading strategies combining Price Action and indicator based trading into one powerful strategy for binary options!