Forex SEFC Bulls Bears Trading Strategy
Forex SEFC Bulls Bears Trading Strategy:
SEFC Bull and Bear trading system is a forex strategy trend following. SEFC Bull and Bear indicator is a repaint indicator but the othe indicatrs used not repaint.
Time frame 30 min or higher,
Currency pairs: any
Forex indicators:
bollinger band stop alert (20, deviation 2);
SEFC 05;
SEFC 10;
SEFC Bull and BEARS (20 periods) with RSX 21 and Stochastic indicator (111,3,3, close smoothed).
Rules SEFC Bull and Bears Trading System
Buy
When you see a buy arrow, confirm the following before you place a trade.
a) you have a blue buy arrow (bollinger band stop alert indicator);
b) White support line (SEFC 05);
C) Blue Bollinger band below the price action (white support line);
d) Blue MA above Red MA with increasing Histogram (green, SEFC 10);
e) SEFC Bull and Bears indicator aqua histogram;
f) Stochastic indicator green line above RSX indicator in the same window of SEFX Bull and Bears indicator.
Sell
When you see a sell arrow, confirm the following before you place a trade.
a) you have a red sell arrow (bollinger band stop alert indicator);
b) yelliw resistance line (SEFC 05);
C) Red Bollinger band below the price action (yelllow resistance line);
d) Red MA above blue MA with increasing Histogram (red, SEFC 10);
e) SEFC Bull and Bears indicator violet histogram;
f) Stochastic indicator green line below RSX indicator in the same window of SEFX Bull and Bears indicator.
Place your stop loss below ir above the previous swing High/Low.
Take profit: ratio 1:1 stop loss.
In forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.
For every trading strategy one needs to define assets to trade, entry/exit points and money management rules.
How to install Forex SEFC Bulls Bears Trading Strategy?
- Download Forex SEFC Bulls Bears Trading Strategy.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Load indicator on your chart
How to uninstall Forex SEFC Bulls Bears Trading Strategy?
To shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands of “Delete Indicator” or “Delete Indicator Window”, or the chart context menu command of “Indicators List – Delete”.
