Forex SEFC Palato Formula Universal Trading System
Forex SEFC Palato Formula Universal Trading System:
LIST OF INDICATORS
1. SEFC01 : Daily Support Resistance
2. SEFC02 : Candle Remaining Time
3. SEFC03 : Price Monitor
4. SEFC04 : Smooth RSI
5. SEFC05 : Crossed Moving Average
6. SEFC06 : SEFC Backbone
7. SEFC07 : Long Trend Meter
8. SEFC08 : Bull Bear Meter
9. SEFC09 : Smooth Stochastic
10.SEFC10 : Dynamic Support Resistance
11.SEFC11 : Alligator
12.SEFC Bands1 : Inside Bands
13.SEFC Bands2 : Middle Bands
14.SEFC Bands3 : Outside Bands
15.Envelopes : Envelop Bands
MAIN FEATURES
• Multi Time Frame System, different Indicators System for different Time Frame
• Long Term Trend indicator on D1 Time Frame
RULES
Going LONG:
• SEFC05: Crossed Up, SEFC08: Blue Zone, SEFC06: Below candle
• Take consideration when price also on the Buying, Neutral or Selling Zone of SEFC01
• Very Strong signal when all indicators are united to long direction
Going SHORT:
• SEFC05: Crossed Down, SEFC08: Red Zone, SEFC06: Above Candle
• Take consideration when price also on the Selling, Neutral or Buying Zone of SEFC01
• Very Strong signal when all indicators are united to short direction
NOTES
Do not trade when SEFC05 crossed up but SEFC08 in Red Zone, and vice versa. Just wait for all indicators to agree on the direction of current market being formed.
Building your Money Management is a must! But being patience and discipline waiting for trading signal is the most important key of this system.
SEFC10 (Dynamic Support Resistance) is repaint, wait for 4 or 5 bars to be formed for powerfull valid signal.
Scissor will warn you about reversal correction pattern development (Huge profit taking for the market are being made).
The Overbought and Oversold area in lower indicator window can be used as a swing trading guide lines.
Use SEFC Bands to indicate rebound pattern. Watchout when price hits the SEFC Bands 2 or 3. It would be a great opportunity of profit taking when all indicators are agree with market direction.
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 Palato Formula Universal Trading System?
- Download Forex SEFC Palato Formula Universal Trading System.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 Palato Formula Universal Trading System?
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”.
