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Trend Following Forex Trading Strategy Based on the Level Support and Resistance


High accuracy SEFC Trend Following Forex Trading Strategy – Support and Resistance and SEFC is a trading system trend following but also based on the level of the support and resistance.

This is a very easy and simple trading system for intraday and swing trading.

  • Time Frames: 15 min or higher
  • Most Recommended Currency Pairs: GBPUSD, EURUSD, USDJPY, AUDUSD, GBPJPY, EURJPY,
  • Most Recommended Indices: S&P 500
MetaTrader Trading Indicators:
  • SEFC MT4 X
  • SEFC MT4 A fast
  • SEFC MT4 Slow
  • SEFC Moving average (MA)
  • Price Channel Stop
  • TV Support Resistance
  • B bands Stop
  • Fisher indicator
  • Moving average crossover signal candles
  • PBF Fast 3MA
  • Support and resistance test-1 indicator
BUY Rules

Trading NOTES

DOWNLOAD INDICATOR


  • SEFC A Garis SLOW  (White Arrow and yellow line) at the previous swing low
  • Moving average crossover signal candles blue color
  • Price Channel Stop aqua color
  • B Band Stop green color
  • Fisher indicator blue color bars
  • MT4 Cycle Major blue color bars
SELL Rules

  • SEFC A Garis SLOW (White Arrow and yellow line) at the previous swing high
  • Moving average crossover signal candles red color
  • Price Channel Stop magenta color
  • B Band Stop magenta color
  • Fisher indicator red color bars
  • MT4 Cycle Major red color bars
Trading NOTES

Trade only in direction of the white arrow of SEFC A Garis SLOW.

Best Risk Reward Ratio is 1:2

As with any trading, an initial protective stop loss should ALWAYS be entered no matter what.

Placing a stop market order behind the SR Level line (under it for a long trade, above it for a short trade) can be used instead of or in addition to a protective stop loss of a set number of pips.

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