Trading Boom 500 or B500 on Deriv Synthetic Markets can be quite difficult.
While it may be easy to trade the buy reversal, we know that when a spike happens, the stop loss is slipped quiet alot.
So what is the solution? It is better to trade the spikes than to trade the reversal signals.
How does the robot work?
It scans the support and resistance levels using neural networks.
It has a fixed stop loss of 50points or $5 per 1 lot.Indicators:
50EMA for trend detection
Buy Signal: >50 EMA: Avoid Buy Signals
Sell Signal: <50 EMA: trade sell to capture spikes.
Analysis: Neural Networks
Trailing: Parabolic SAR Default Settings
