OlympTrade Japanese Standard
Japanese Standard on OlympTrade
To begin with, Japanese Standard is profitable trading method which you can use on OlympTrade. Strategy itself is based on japanese candlesticks which trader must identify in order to make a right prediction of a graph move.
Most importantly, this strategy does not need any complicated indicators. What is more, it works with any asset you like. The only thing you will need to do is change the chart type to Japanese candles. You can find this menu next to “Indicators” menu on the top left side of a trading page.
Setting up Before Trading
The next step is changing the time trade and entering the bet amount. The Japanese Standard strategy works best in 10 minutes time trade. You will be able to change the time on the top right side of a trading page.
Nevertheless, you will also need to choose 5 minutes time period. You can find this menu at the bottom of a trading page.
Principle of Japanese Standard
Finally, how the strategy works? Now we are seeing the Buy option, and you will need to “BUY” when Green candle goes higher than the previous Red candle. The Sell option will be when Red candle goes lower than previous Green candle. Respectively, in this case you will need to “SELL”.
Profit From Trading
Now just wait for ten minutes and take your profit. To sum up, the strategy itself is not complicated at all and can bring you a big amount of money. Above all, this trading method is suitable not only for beginners, but for professional traders as well.