How to Trade Boom and Crash Indices And Make Profit

What is boom and crash?

Boom and Crash are ‘synthetic indices ‘ that are found only under the Deriv.com (a binary.com brand) platform. They are created by combining two assets, usually fast and slow-moving assets. The idea is to scalp the market when the fast-asset is in a boom phase and switch to the slow-asset during the crash phase

There are three strategies you can use with Boom and Crash indices:

– Scalping strategy – this involves opening and closing trades quickly, taking advantage of the short-term price swings

– Trend trading strategy – you can use this to trade in the direction of the overall trend

– Swing trading strategy – this is a longer-term approach that aims to capture big moves in the market.

Whichever strategy you choose, it’s important to always use stop losses to protect your investment.

Boom and Crash indices can be used to scalp the market for quick profits or to trade in the direction of the overall trend. Always use stop losses to protect your investment.

If you’re looking for a high-risk, high-reward trading strategy, then consider using Boom and Crash indices. These synthetic indices can be used to scalp the market for quick profits or to trade in the direction of the overall trend. Always use stop losses to protect your investment.

Remember, these indices are incredibly volatile and can experience sharp price swings, so always use caution when trading them.

The best way to trade Boom and Crash indices is by using a scalping strategy – this involves opening and closing trades quickly, taking advantage of the short-term price swings. You can also use a trend trading strategy – you can use this to trade in the direction of the overall trend. Or, if you’re looking for a longer-term approach, you can try using a swing trading strategy which aims to capture big moves in the market.

Which indicator is best for boom and crash?

There is no one-size-fits-all answer to this question, as the best indicator will vary depending on your individual trading style and goals. However, some indicators that could be useful for Boom and Crash include:

– Moving averages – these can help you identify the overall trend in the market

– Momentum indicators – these can help you spot overbought and oversold conditions

– Volatility indicators – these can help you determine when the market is calm or volatile.