Say Goodbye To Manual Rebalancing With Deriv’s Tactical Indices
Deriv has upgraded its product offering with Tactical Indices.
Designed to automate execution, they let traders exploit market movements like momentum and reversals while avoiding manual rebalancing efforts or extra fees.
This follows a busy year for the broker, which has also seen it add Multi Step Indices, zero spreads on MT5, and a wave of new CFDs.
Key Takeaways
- Deriv’s Tactical Indices are built to execute predefined strategies based on technical indicators.
- At launch, Tactical Indices feature four strategies built around the Relative Strength Index (RSI) with silver as the underlying market.
- Two momentum-focused indices allow traders to capitalize on upward or downward silver trends, while two contrarian indices aim to exploit reversals.
- Tactical Indices are available on its full range of trading platforms: MT5, cTrader, and Deriv X.
Deriv is set to expand its Tactical Indices lineup in the first half of 2025, introducing additional technical indicators, strategies, and asset classes.
Planned additions include MACD, Bollinger Bands, and forex pairs.
Prakash Bhudia, Head of Product and Growth at Deriv, commented on the addition: “Tactical Indices bridge the gap between complex trading strategies and seamless execution”.
About Deriv
Established in 2017, Deriv is a long-standing broker that’s garnered attention for its unique trading products.
Take its derived indices, which offer trading around the clock and are powered by a secure random number generator. They imitate market volatility, providing opportunities outside of traditional trading sessions.
Depending on your location, you can choose from seven accounts based on your preferred trading product or platform, whether options and multipliers or the increasingly popular TradingView platform, added in 2023.
New traders can open a Deriv account with a $5 minimum deposit.
