28# Boom and Crash Nasdaq 100 MT5

Submit by Dimitri

Boom and Crash Nasdaq 100 is a trading system for the MT5 platform, suitable for volatile instruments such as Nasdaq 100, Gold, Oil, BTCUSD, based on price action. The aim of the system is to get into the swing of things, so as to make quick profits.

Strategy Setup

Time Frame 5-60 min.

Currency pairs: Volatile currency pairs, Nasdaq 100, Russel, Crypto majors such as bitcoin, Etheum and others.

Metatrader 5 indicators:

Volty Channel default setting.

Tango arrow, default setting.

Support and Demand to trade with time frames of 5-15 and 30 minutes, setting TF=240.

XK-Key Stoch Trend default setting 5-15, 30 min (for the latter, check the setting and make sure it is not too slow).

Trading Rules

Buy

The price bounces off the support zone.

Volty Channel Stop below price candles.

The Tango indicator buy arrow appears.

Sell

The price bounces off the resistance zone.

Volty Channel Stop above price candles.

The Tango indicator sell arrow appears.

Exit position

Initial stop loss on the previous high/low swing.

Profit Target minimum ratio stop loss 1:1.