Pocket Option
Questions & Answers

Forex of course! When you apply trend channels, it’s important to apply it on higher timeframes like 1 hour and more. It won’t work when you deal with quick trading mode where 99% of traders open trades short-term to catch a quick profit.

Hi Fuad! Thank you for your question regarding trading account types and their suitability for use with trend channels. We appreciate your interest in optimizing your trading strategy and are happy to provide some general guidance.

Both Quick Trading mode and FX accounts can be utilized with trend channel strategies, as this technical analysis tool is applicable across various trading styles. The Quick Trading mode is designed for shorter-term positions and faster execution, while the FX (forex) account typically offers more traditional trading conditions suitable for a broader range of timeframes.

The "better" option ultimately depends on your specific trading goals, risk tolerance, and the timeframes you prefer to analyze. We recommend experimenting with both account types using our demo feature to see which environment feels more comfortable and practical for your personal strategy.

For more detailed information tailored to your approach, our support team would be delighted to assist you. Please feel free to contact them through support requests on our platform or at support@pocketoption.com with any specific questions about account features or strategy implementation.

Thank you for your engagement. We wish you success in your trading endeavors!

Hi Isa! Thank you for sharing your perspective on the community forum. It's great to see traders helping each other with strategy discussions.

Your answer provides a valuable viewpoint that highlights a key difference. Indeed, FX (Forex) accounts are often better suited for strategies based on higher timeframe analysis, such as trend channels on the 1-hour chart or above.

However, we'd like to add that Quick Trading mode can also be effectively used with the trend channel trading strategy.

If you have any further questions or concerns, please contact our support team through support requests on our platform or via email at support@pocketoption.com. Our support team will help you promptly!

Happy trading!