All traders who want to get the maximum profit from trading are always in search of profitable trading strategies, this distinguishes a serious market player from a beginner. We bring to your attention one of the most popular Hubba Hubba Style strategies today, which is easy to use and highly effective.
Features of the Hubba Hubba Style Strategy
The author of the strategy is an American trader who loves trading and devotes all his free time to it, studying indicators and price charts. His strategy is based on the correct use of support and resistance levels, determining the overbought-oversold states, which made it possible to get one of the productive and profitable trading systems, which for simplicity and convenience was called Hubba Hubba Style.
Another advantage of the strategy is its versatility: a trader can work both with a flat and with a trend price movement. Today it is popular not only among Russian-speaking traders, but also in America, in the West, there are enough reviews about it on the network, this suggests that the system works.
Preparatory stage
The essence of the strategy
By downloading the strategy template and installing it, the trader will be able to determine the entry points to the market as accurately as possible: when buyers have made the necessary purchases, and sellers have made maximum sales; It is at such a moment that a change in trend occurs. If this situation occurs on a flat, the signal is worked out immediately, within one candle, if with strong market dynamics, then the expiration increases three times.
Indicators used
The Exponential Moving Average Line (EMA 21) is the only standard strategy tool that reacts quickly to minor price changes, reducing the number of lags,
Support and Resistance with alerts – shows support-resistance levels, gives a sound signal,
VCustom3 – located in a separate chart window, this is a modified Stochastic, which signals the price crossing the overbought-oversold levels using color (red or green), it also notifies with a sound about buy or sell signals,
Magnified Market Price is an author’s tool that makes trading more comfortable by showing the value of the asset, visually increasing it.
Despite the fact that there are many indicators, and these are author’s tools, the strategy works stably, without delays and freezes.
Characteristics of the strategy
Trading platform: MetaTrader 4 (download),
Currency pairs: any (with a five-digit, this will allow the timer to be updated more often, which shows the time until expiration),
Timeframe: M5,
Duration of options: 5, 15 minutes (with a strong trend movement with a breakthrough of the support or resistance level),
Trading: round-the-clock, it is preferable to use the European or American sessions.
Before you start trading on a strategy, you need to install a strategy template in MT4. After downloading the template and unpacking the archive, you will see 2 folders:
- Indicators. You can read how to install indicators in MT4 here.
- Template. The template must be installed in MT4, in the templates folder.
After installing both folders in the root system of the terminal, close the platform and reopen it, your graph will look like this:
Strategy trading
Buying a CALL option
To buy a CALL option (up), you need to wait for the following signals to be executed:
- VCustom3, located in a separate window, should enter the oversold zone and show green;
- The price should be below the EMA (21):
Buying a PCI option
To buy a PUT option (down), you need to wait for the following signals to be executed:
- VCustom3, located in a separate window, should enter the overbought zone and signal this in red;
- The price should be above the EMA (21):
Note!
If you see a repeat of the signal at the opening of the next candle, do not buy the option;
It is better not to trade according to the strategy when important news is released;
Before real trading, do not forget to test the strategy on a demo account.
Hubba Hubba Style Strategy at FiNMAX Broker
For effective work on the Hubba Hubba Style strategy, we recommend trading on the site of a reliable broker FiNMAX, in the arsenal of which there is a functional terminal with advanced features (choice of expiration from 30 seconds to six months, a set of indicators and chart types). You can get acquainted with the current reviews about the FiNMAX broker, as well as ask a question to traders, here. You can see what the terminal workspace looks like in the image below.
A detailed review of the FiNMAX broker is here.
Go to the official website of the FiNMAX broker here.
In order to buy a CALL option in the Finmax trading terminal, follow these steps by going to the finmaxbo.com website and preparing the option, indicating:
- Type of asset
- Expiration
- The size of the bet
- Forecast of quote movement: UP
- Click the “buy” button and follow the results.
In order to buy a PCI option in the Finmax trading terminal, follow these steps by going to the finmaxbo.com website and preparing the option, indicating:
- Type of asset
- Expiration
- The size of the bet
- Forecast of quote movement: DOWN
- Click the “buy” button and follow the results.
FiNMAX broker bonuses
When working with FiNMAX, take advantage of the broker’s profitable promotions, which you can study here. The broker pays special attention to profitable trading, constantly offering its client good promotions and bonuses, the purpose of which is to make your trading more productive.
Tournament on demo accounts from FiNMAX
Special free broker tournaments for those traders who have a demo account on the Finmax platform. The tournament will allow you to get money for further trading without replenishing the deposit with personal funds. So, trading on FiNMAX is possible without investing personal capital. The main condition for participation in the tournament is the availability of a demo account. Both options beginners and professionals can participate in the event.
Take part in the FiNMAX tournament
