Developing and applying your own Fixed Time Trade trading strategy plays an important role in determining your success as a trader. Therefore, it is essential to learn and experiment with different strategies so you can get some idea of the trading style that you feel most confident in. In this article, we will learn about the Safari vip trading strategy in Olymp Trade.
What is Safari trading strategy?
Safari is a very safe trend-trading strategy. It’s used by experienced investors to earn profits. Safari strategy provides high winning rate trading signals when the market fluctuates strongly in the European and American sessions.
How to set up Safari trading strategy in Olymp Trade
To set up a Safari trading strategy, you need to do the following:
Go to the indicator section. Then choose the Williams %R indicator and the default MACD indicator.
Next customize the MACD indicator by hiding the MACD and Signal lines as shown below.
After doing the above steps, you will have the following interface.
How to trade with the Safari strategy
To take advantage of the effectiveness of Safari, you need to choose a time when the market has a large volume of transactions. In this time, it is easy to create trends when the price moves in a certain direction up or down. You only need to satisfy 2 more simple conditions to have a safe order.
Open an UP order when the William indicator moves up from below the -50 and the MACD indicator also goes upwards from below the 0.
Open a DOWN order when the William indicator moves down from above the -50 and the MACD indicator goes downwards from above the 0.
In any investment field, capital plays a very important role. Because without capital, the investment will not be able to start or develop. However, not everyone knows how to manage capital intelligently, as well as how to use money effectively.
Therefore, most traders often lose money when they do not know how to properly allocate capital. If you want to make a profit from Olymp Trade, you need to immediately set up a money management method in accordance with the trading strategy you are using.
Try to apply the Classic capital management method (use the same amount of money for every order) with the Safari strategy. This will be a perfect combination to bring you profits. With a win rate of over 60% you will definitely make a profit for yourself.
The Safari strategy is very simple, easy to use for almost any trader. However you should test it on the Demo account carefully. At the same time, always do capital management regardless of whether it is virtual or real money when trading.
Practice hard to have good habits so that you will face less risks when participating in real trading. Wish you find an effective method of making money in Olymp Trade.