Just by searching on google for the phrase “trading strategy”, you will easily get a lot of articles related to building a strategy to have an effective trade. However, among hundreds of such strategies, do you know which one is good, which one is right for you? In the article below, I will introduce a VIP trading strategy in the strategy section of Olymp Trade, Kind Martin, which is trusted by many investors. Stay tuned!
Kind Martin – a trend trading strategy
Kind Martin is considered by traders in Olymp Trade as the most effective short trend-trading strategy. It consists of 2 indicators which are MACD and Parabolic. Therefore, it helps traders to find the trend reversal or continuation point accurately.
How to set up
First, you need to log into your Olymp Trade account. Then, select the “Indicator” section and select the “Strategy” section, and finally click on “Kind Martin”.
Keep Parabolic indicator parameters default. Parameters of the MACD indicator will be changed as follows:
MACD will be 7.14; the Signal line will be 5; finally, the histogram will shift to the zone chart.
How to trade with the Kind Martin trading strategy
We rely on the signals of technical indicators to detect trends. You will observe the 1-minute Japanese candlestick chart and open 5-minute orders. We will have the following principles for placing orders with Kind Martin as follows:
Open an UP order when the Parabolic indicator is below the Japanese candlestick chart and MACD crosses the 0 line from below.
Open a DOWN order when Parabolic is above the Japanese candlestick chart and MACD crosses the 0 line from above.
Capital management methods
Kind Martin is a trend-following strategy that offers a high win rate. Therefore, balanced investment (Classic capital management method) will greatly benefit the trading process. It helps investors earn stable profits.
If you have a capital of $100 with up to 5 trades in a day, the investment amount on each order should be $20.
This way of managing capital will make you psychologically comfortable. You do not need to adjust the investment amount for each order. Just focus your attention on the market.
Kind Martin is a profitable strategy for many traders who are trading in Olymp Trade. And you can also make a profit after mastering this simple trading strategy. Just 2 indicators when the market is trending up or down will offer countless opportunities to grow your account steadily.
Now check it out on your account after reading the theory in this article. I hope you find a trading strategy that works for you.