SFX MCL “H1 Time Frame” Trading System – This method allows traders to enter transactions without emotion and take the trade regardless of what is happening in the markets.
The system is called mechanical because a trader will take the trade regardless of what is happening in the markets. This is a “trend following” strategy.
- Time Frames: H1 or higher
- Currency Pairs: GBPUSD, EURUSD, USDJPY, …and All Major Pairs
Recommended Article: The "Anti-Chaos" Trading Systems & Simple Blueprint For Success In Forex Market
Metatrader Trading Indicators:
- SFX MLC (5,6,2,0,)
- Signal Trend
- CM
- CCI
BUY Rules
- Price above the 21 EMA line
- SFX MLC indicator pink line is > Dodger blue line; but, to confirm the entry long at least five of the following conditions must be met.
- CM indicator has green bars
- CCI line above level 60
SELL Rules
- Price below the 21 EMA line
- SFX MLC indicator pink line is < Dodger blue line; but, to confirm the entry short at least five of the following conditions must be met.
- CM indicator has red bars
- CCI line below level 40
EXIT Rules and Position
- When SFX MLC change direction
- Whit predetermines profit Target that depends on the time frame and currency pairs withe Risk Reward Ratio 1:2 or 1:3