Forex strategy «SEFC» is well suited for the calm stage of the market. In moments of wide lateral movement, you can get a lot of signals. In strong trends, there are not so many signals, but in most cases, countertrend signals are filtered out, which prevents them from being in a deep drawdown.
Statistics:
From August 2018 to August 2019, the strategy for only two pairs (gbp/usd; usd/cad) showed a result in the region of +2050 points (4 digits). According to the authors of the trading system for each individual pair, on average per year, it allows you to earn around 1000 points, which was confirmed by the above results.
- Currency pair — any, the trading system is multi-currency, but it is still better to work with major currency pairs with the US dollar.
- Time interval — H4.
Indicators:
- SEFC05 with parameters 8, 3, 5, 11, 3, 5.
- SEFC Bands1 default settings.
- SEFC11 with parameters 13, 8, 8, 5, 6, 3.
- SEFC04 with default parameters and added levels 50.
- SEFC09 with parameters 12; 3; 4.
Terms for purchases:
1) The price touches and bounces off the lower line of the SEFC Bands1 indicator.
2) The next candle after that closes above the SEFC11 indicator (green thick line).
3) The red line of the SEFC05 indicator is below the blue line.
4) In a separate window, the red line of the SEFC04 indicator is below the green line of the SEFC09 indicator. Both lines are below level 50.
5) At the opening of the next candle, a buy deal is concluded.
6) Stop loss is set at the low of the signal candle, but in the range from 35 to 40 points.
7) After passing 30-35 points, the transaction is transferred to breakeven.
8 ) When approaching the upper line of the SEFC Bands1 indicator at a distance of 2-5 points, the transaction is closed at the market price, but not less than 70 points.
Sales conditions:
1) The price touches + bounces off the upper line of the SEFC Bands1 indicator.
2) The next candle after that closes below the SEFC11 indicator (green thick line).
3) The red line of the SEFC05 indicator is above the blue line.
4) In a separate window, the red line of the SEFC04 indicator is above the green line of the SEFC09 indicator. Both lines are above level 50.
5) At the opening of the next H4 candle, a sell trade is opened.
6) Safety order — stop-loss is set beyond the MAX of the signal candle, but in the range from 35 to 40 points (no less and no more).
7) After the price passes +30-35 points, the deal must be moved to the breakeven point.
8) If the price approaches the lower line of the SEFC Bands1 indicator at a distance of 2-5 points, it must be closed at the current market price, but not less than 70 points.
Video version of the forex strategy «SEFC»:
- Download MetaTrader4 template in archive — sefc.
- Download indicators in archive — SEFC_indicators
- Strategy test: +365.74% you can find HERE >>