Quotex Strategy: MA Pro

One of the simplest and most effective technical analysis indicators in binary options trading on Quotex is the Moving Average indicator. It shows the average price of an asset over a selected period, which the trader sets in the indicator settings. In this article, we will look at one of the strategies built on this indicator, called MA Pro.

The Moving Average can be used to identify the current trend direction and the moment of its reversal. It is also used in many binary options strategies as an indicator of support and resistance levels.

To reduce the number of false signals when trading through the Quotex broker, the Moving Average should be set to a longer period. When choosing this period, some experienced traders recommend taking into account the type of asset being traded, but for most currency pairs a value of "30" works well.

Strategy Rules and Indicator Settings on Quotex

The MA Pro strategy offers two trading variations:

1. One is used when the price does not break through the Moving Average but bounces off it;
2. The other is used when the price breaks through the MA line.

The expiration time in all cases is 3 candles, and any timeframe can be used.

It is also important to remember that any strategy can produce losses, so you can use the Quotex promo code to cancel loss trade, which refunds any losing trade of up to $10.

Before you start trading with this strategy, add the SMA indicator to the chart in the Quotex terminal:

Then set the period to “30” and the type to SMA:

Examples of Trading the MA Pro Strategy on Quotex

For the first variation, wait until the price reaches the SMA from either side, then wait for it to touch the indicator line and bounce back.

Enter the market and buy a Call option as soon as the second candle opens in the direction of the rebound:

The Put option setup is the mirror image:

The second variation is based on the price breaking through the indicator line from either side. The period is again "30" and the expiration time is 3 candles.

Wait until the candle that crossed the Moving Average closes and the next candle opens in the same direction, then buy a Call option:

The Put option setup is the mirror image:

Conclusion

As you can see, using the Simple Moving Average indicator for binary options trading on the Quotex platform is straightforward. It forms the basis of the MA Pro strategy, which can be profitable when applied correctly. Always take the trend direction into account and trade with the trend rather than against it. It is also important to set the right Moving Average period, since the optimal value can vary for assets other than currency pairs.

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See Also:

• How to Open an Account with Quotex
• How to Verify your Quotex Account
• Quotex Broker Affiliate Program