SEFC Trading System Indicator MT4

The SEFC Trading System Indicator for MetaTrader 4 (MT4) is a trend-following strategy that utilizes a suite of custom indicators to identify reliable entry and exit points in the forex market. Below is a detailed overview of its key components:

Minimum Deposit:

• The SEFC Trading System does not specify a required minimum deposit. However, it’s advisable to start with an amount that aligns with your risk tolerance and trading strategy.

Time Frames:

• The system is versatile and can be applied across various time frames, including 15-minute, 30-minute, 1-hour, and daily charts.

Applicable Currency Pairs and Assets:

• The SEFC Trading System is compatible with all major currency pairs and can also be applied to other assets such as stocks, commodities, cryptocurrencies, precious metals, oil, and gas.

Key Indicators Used:

• SEFC01: Daily Support and Resistance
• SEFC05: Crossed Moving Average
• SEFC10: Dynamic Support and Resistance
• SEFC084: Bull and Bear Meter
• Bollinger Band Stop Alert Indicator: Non-repainting indicator providing timely entry and exit signals

Trading Rules:

• Buy Entry:

  • A green arrow from the Bollinger Band Stop Alert Indicator signals a buy opportunity.
  • The SEFC10 forms a support line, indicated by a white horizontal line.
  • The SEFC05’s blue line crosses above the red line, indicating bullish momentum.
  • The SEFC084 indicator displays green bars, signaling a strong bullish trend.
  • Both Filter 1 and Filter 2 indicators show green bars, confirming bullish sentiment.

• Sell Entry:

  • A yellow arrow from the Bollinger Band Stop Alert Indicator signals a sell opportunity.
  • The SEFC10 forms a resistance line, indicated by a yellow horizontal line.
  • The SEFC05’s red line crosses above the blue line, indicating bearish momentum.
  • The SEFC084 indicator displays red bars, signaling a strong bearish trend.
  • Both Filter 1 and Filter 2 indicators show red bars, confirming bearish sentiment.

Exit Strategy:

• Exit the position upon receiving an opposite signal from the Bollinger Band Stop Alert Indicator or upon reaching a profit target with a risk-to-reward ratio of 1:1.5. Initial stop loss should be set at the previous swing high or low, with active management recommended to protect profits.

Additional Considerations:

• Exercise caution around high-impact news releases by tightening stop losses or avoiding trading at least 15 minutes before and after such events.
• Implement proper money management techniques and be mindful of market conditions, such as low volatility periods or trading outside major sessions, to enhance trading performance.

By adhering to these guidelines and thoroughly understanding the SEFC Trading System’s components, traders can effectively utilize this strategy to navigate the forex market.