Let’s talk about the Crocus, one of the most popular intraday strategies. Unlike similar systems focused on quick earnings (turbo options), this strategy provides up to 80% profitability. Why the strategy got the name Crocus? Nobody knows. However, there is no doubt about its profitability. To consistently make a profit on binary options, you just need to follow the recommendations below.
The strategy Crocus is based on four popular indicators: SMA, Alligator, MACD and RSI.
You can find all tools available in the Pocket Option terminal.
Use the available menu for setting up your chart.
How to set up your trading chart?
For trading you need a candlestick chart and a timeframe M15. For trading, experts recommend choosing highly volatile asset.
Read attentively and use the following settings:
- SMA: the simple moving average will act as borderline to indicate the market trends. The plotting period should be equal to 100 candles.
- Alligator: the indicator is used in an unusual role. When Its lines cross the MA, it gives a signal to buy the contract. Use default parameters.
- RSI is an indicator to measure the strength of the current trend. The middle line will act as the main level. Set the period of 15 candles.
- MACD is used for confirmation. We advise using standard settings.
Well, if you followed the recommendations, you completed the setup.
How to trade contracts using the Crocus strategy?
Remember, that trading is carried out on a fifteen-minute timeframe, therefore, signals to buy an option can occur quite often. You can use the Martingale principle for calculating the volume of each next transaction.
Execute CALL Option when the green line of the Alligator crosses the MA from bottom to top. In this case, the RSI oscillator should be in the positive zone above the 50 level. The MACD histogram should also be above the zero mark, and the fast line (green) of the indicator should be above.
Execute PUT contract when the Alligator crosses the MA in the downward direction, the RSI is in the negative zone, and the fast MACD line is below the zero line.
It is recommended to set the expiration time at 30 minutes (the formation of 2 candles).
Intraday trading will take a great deal of your time. This is because you will be focusing on the charts all day that you will be trading. This type of trading requires a great deal of focus. Make sure the focus is one of your strengths. If you cannot focus, intraday trading will be extremely difficult for you to master. Crocus can become your focus.