Forex SFX MCL “H1 Time Frame” Trading System and Strategy

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 
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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
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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

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