Hello Guy’s hope you’re fine, today in this article (Make Money Online Winning Quotex Sureshot Pattern Winning Quotex Sureshot Pattern) we’re going to be sharing with you a very powerful and very effective and works on Quotex and all binary option brokers, and
it’s also ideal for beginner traders .We’ll go over the setups, the indicators for identifying profitable trading positions

And again, we’re going to teach you everything that you need so you can use this to your advantage We provide free binary option training information, which allows beginners and struggling traders to learn and improve their training skills for forks and binary options, as well as information on how you can earn weekly automated passive income through the financial markets.

Indicator Setup

we’re going to be targeting two minute trades. Now for the indicator setup, the indicators are not provided in the broker platform, so we need to use a platform called Trading View. we’re going to be analyzing the Euro USD. Again, we are on the one minute chart, and the first indicator we’re going to be using, if we come here to the indicators tab, is called the donchian channel, and it’s this one over here, which is this blue indicator hovering over our candlesticks.

Now you might look at it and say that it looks very similar to the Bollinger Bands. And they’re also used in a very similar fashion, except for a few things. But basically, what a lot of people do with the Donchian channel is when price reaches the upper levels, as you see here,

These are some opportunity moments to enter for sell trades. When price comes down to the lower levels, these are potential opportunities for entering by trades. Now the problem with this, and this is where a lot of beginners make the mistake of, is they use these as a sole proprietary tool for entering trades, which yes, at times, can be beneficial and profitable, but not always.

And it won’t always lead you to consistent results. And the reason why that is, is because you’ll notice in this region here, price came up, hit the upper level of our Donchian channel multiple times
Make Money Online Winning Quotex Sureshot Pattern

where a lot of people would assume, okay, let’s enter for a sell trade. But as you can see, price continued in this upward trajectory. And of course, that would have resulted in some massive losses.
We also see that here, where price came down to the lower level of the Donchian channel, again, people would assume once it hits the lower level, let’s go for buy trades. But as you can see, price continued in this downward trajectory. So again, this would have resulted in
massive continuation of losses because we’re just relying on the Donchian channel alone.

Additional Indicator For 100% Results

So in order to eliminate ourselves from entering these damaging positions, we need to apply an additional indicator, and that’s going to be the STC.

Make Money Online Winning Quotex Sureshot Pattern
All right, so come here to indicators, type in STC, and it’s this one over here, STC indicator, a better MACD. Now, just to clarify, we are using default settings for both Donchian channel and the STC, but what the STC indicator does is not only helps eliminate false signals from the Donchian channel, but also helps us identify the opportune moments when to enter for these trades. So if we were looking for a sell trading position, we first want to wait for price to come up and be rejected from the upper level of the Donchian channel. Once we have upper level contact, we then wait for the STC indicator in the upper level of the histography to turn from green to red.

Once we have that, then we enter for a two -minute sell. trade. If we’re looking for a buy trade again same principles but in the opposite direction we wait for price to hit the lower level of our donchian channel then we look at the STC indicator and from the lower level of the histography we wait for this STC to change from red to green then we enter for a two minute buy trading position.

Now this is very important that you follow these rules because by doing that you are providing added levels of confluence to identify more profitable trading positions because again going back to those problematic areas where price is hitting the upper level of the donchian channel again where most people would assume all right let’s jump in for a sell trade which would result in a loss we are patient and we wait for the STC indicator to turn red before entering a sell trade confirming that we are now seeing some downward pressure.

In this example where price is constantly hitting the lower level of the donchian channel a lot of people would assume and jump into a buy trade prematurely but we did not enter a buy trade until we got the confirmation from our STC turning from green to red which was at this point here so this would have been a profitable two minute buy trade and this would have been a profitable two minute buy trade here as well so having more than one level of confluence is
extremely valuable but of course patience is key waiting for both levels of confirmation before entering that trade. Now as you can see guys the rules of this strategy are very simple so again it’s also ideal for beginner traders.
Now although we’ve just covered the general rules of this strategy there are a couple of other ways that you can use this strategy to your advantage which also proved to be quite beneficial. One of the ways that you can use this strategy is to help you identify positions where you can enter trades to ride that momentum so just to kind of give you.

Here we have downward momentum where the was crashing for a period of time now a lot of times people would wait until price came up to the upper level of the donchian channel before entering a sell trade and yes you would be correct in that approach however when you’re in a strong trending market you’re not going to always see price come up to the upper level before coming back down so this is where the mid level of the donchian channel can come in handy and this is something that a lot of people tend to overlook the mid level of the donchian channel can serve as a level of support and resistance especially in strong trending markets so here we have this strong downward trend where price never reached the upper level of the donchian channel however at this point of the market price did come up and retested that mid level of the donchian channel as a level of resistance and our stc indicator did flash from green to red signifying further momentum to the downside so this would have been an ideal position for a two -minute sell trade.

Now, another way that you can use this strategy, and this is by far the most important way that you should use it, is taking any rules -based strategy with indicators such as a donchian channel and the STC and combining it with your analysis structure and price action. This
of course is something that you need to do with any strategy that you are using because what this does is add multiple levels of confluence to your trading which can improve your overall win rate.

Reason to trade on that level ?

The main reason why we did this was for a couple of reasons. One obviously following the rules of the strategy where we had price pushing on the upper level of the donchian channel and we also had confirmation of our STC indicator but what really made this a prime opportunity and why I was so confident in this is that this was also a key level of resistance from a higher timeframe.

we also had this engulfing candle pattern to the downside. So just from this position alone, we had four levels of confirmation for entering a sell trade which made me that much more confident in entering this large trading position which paid out very well. Now we applied the same principle that even though we were in a downtrend, price was reacting off of a key level of support which I knew at least for a brief moment in time, price was going to react to the upside which allowed us to enter for a profitable two minute buy trade. This is a strategy that not only can be used for traditional binary trading, but also for Forex trading as well. even when it comes to Forex trading with the Donchian channel and the SEC indicator, you can use this for scalp markets, so you can use this on lower timeframes like the one minute and the five minute. However, using this strategy on a higher timeframe, such as the 15, the 30, or even the one hour can prove to generate much better results, not only for accuracy in terms of trade entries, but it also allows you to capitalize higher take profit levels.

Now, the rules that we went over for entering your buys and sell trades are exactly the same for Forex trading as well, but again, using higher timeframes are, a lot better and a lot more profitable, but again, to each their own, depending on your preferred style of trading.

Make Money Online Winning Quotex Sureshot Pattern

Remember

Remember that you never want to try out new methods of trading on your live account and put your money at risk. It’s always best that you use and practice thoroughly on a demo account. make sure that you back-test thoroughly on your demo accounts.
For more sure shot strategy please visit our Strategy Section.