Forex Extreme SEFC Trading System

Using this “Forex Extreme SEFC Trading System” you will easily get to know in which trend type is the market and opening position is fairly easy following few simple rules.

Forex Extreme SEFC Trading System is a trend following strategy.

SEFC Bull and Bear indicator is a repainting indicator but the other indicators used not repaint.

• Best Time Frame: 30 min or higher
• Recommended Currency Pairs: GBPUSD, EURUSD, USDJPY (All Major Pairs)

 

• BBands Stop alert (8, deviation 2)
• BBands Stop alert (21, deviation 2)
• Signal Trend
• SEFC Bull and BEARS (20 periods) with RSX 21 and Stochastic indicator (111,3,3, close smoothed)
• SEFC 05;
• SEFC 10;

 

• When you see a BUY arrow (BBands Stop (21 or 8)), confirm the following before you place a trade
  • BBands Stop 21 and BBands Stop 8 green color below the price
  • White support line (SEFC 05)
  • Blue MA above Red MA with increasing Histogram (green, SEFC 10)
  • SEFC Bull and Bears indicator aqua histogram
  • Stochastic indicator upward and above the green line RSX indicator

 

• When you see a SELL arrow (BBands Stop (21 or 8)), confirm the following before you place a trade
  • BBands Stop 21 and BBands Stop 8 yellow color above the price
  • Yellow resistance line (SEFC 05)
  • The blue MA below the red MA with increasing Histogram (orange, SEFC 10)
  • SEFC Bull and Bears indicator magenta histogram
  • Stochastic indicator downward and below the red line RSX indicator

 

• Place your initial stop loss below or above the previous swing High/Low
• Take profit: ratio 1:2 or 1:3 stop loss

This “Forex Extreme SEFC Trading System” is a very simple reliable way to trade the market.