QUOTEX TRADING RAINBOW PATTERN
QUOTEX TRADING RAINBOW PATTERN is a fairly complex strategy because it collaborates several techniques and methods so that it is packaged in the form of curves with various colors. The curves shown in this strategy are Moving Averages which are the embodiment of asset values that are always moving all the time.
PRINCIPLES OF THE QUOTEX FOR RAINBOW PATTERN STRATEGY
Beginner traders in particular need to know the meaning of the movement of these moving averages curves. This is because the depiction of the curve also helps in determining the investment at the lowest or highest value listed on the curve.
First, if the shortest curve is above the middle curve which is above the longest curve. Thus, the trader should choose the highest value on the curve.
Meanwhile, if the shortest curve is under the middle curve which is under the longest curve. Thus, the trader should choose the lowest value on the curve.
HOW DOES THE RAIN BOW PATTERN STRATEGY WORK ?
The way this rainbow strategy works relies on a high level of patience. This is because the reference used in investing is the movement and speed of the moving average curve. So, traders must be good at controlling themselves so they don’t fall into and be careless in investing.
Traders have to wait for the right time. The right time is when the curve moves stagnant and constant at a certain value. So, traders can make investments right on the spot, even though the risks are high. However, it also has a high potential to win.
Then, traders can also be patient by waiting for some time which shows the curve is moving stagnant and constant at that value. This is sometimes a risky thing because this condition rarely occurs.
In conclusion, this rainbow quotex option trading strategy must be mastered by traders to determine the right value prediction when investing. In addition, traders must master fundamental analysis as a scientific basis for using this strategy. And, patience so as not to be careless in investing.
WHAT IS THE QUOTEX TRADING STRATEGY RAINBOW PATTERN ?
The Quotex Rainbow Pattern trading strategy is a fairly complex strategy because it combines several techniques and methods so that it is packaged in the form of curves with various colors. The curves shown in this strategy are Moving Averages which are the embodiment of asset values that are always moving all the time. Usually the curve used is three moving averages to obtain a more accurate prediction.
Three moving averages is considered appropriate because if it is more than three it will cause a lot of ambiguity because the value may be able to mislead traders. If less than three moving averages are used, then the probability of winning will not decrease. Because the results shown by the curve are less representative of the market situation. So, three moving average curves is the right amount in Trading Quotex.
The colors that are usually used to represent each moving average are red, yellow, and green. Thanks to the depiction of the curve with these colors, this strategy is better known as the rainbow quotex option trading strategy.
In reading these curves, the trader must understand that what is being seen is the speed at which the price of this asset moves in the market. Traders must understand the principle of this strategy, namely the fastest curve is the one whose value is close to the current market value. So, it is important for traders to understand fundamental analysis in order to be more proficient in using this strategy.
Because fundamental analysis helps traders to predict the market situation under any conditions. So, this analysis will help traders to make decisions when they see the movement of the moving averages curve on the monitor screen.