Good day, dear readers of the magazine for traders ForTrader.org. Today we will consider one of the most popular forex strategies on foreign sites called SEFC Trading System. Googling information about this trading system, I did not find its description in Russian, so we will consider it unique in the Russian-language segment. But given that I have been on the market for a long time, I had to meet with this trading system repeatedly. My first meeting with her was, like most newcomers, through registering through a partner link with a broker (before, everything new was distributed just like that, and only then bold or disappointed people shared materials on the forums). The constituent systems, that is, indicators, are also actively distributed in the forums, but I have not seen the system itself.
- Input parameters
- Currency pairs: any, basic recommended
- Timeframe: M15-H1
- Trading time: round the clock
- Type of strategy: indicator, trend
Installing Forex Strategy SEFC Trading System
Forex strategy SEFC Trading System is installed in a standard way. If you did everything correctly, then the desktop of your terminal should look something like this:
Indicators Used
The forex strategy of the SEFC Trading System consists of eleven indicators: eight of them affect the decision to enter the market, the other three are informers. The trading system, at first glance, is heavily overloaded with indicators, but during the analysis you understand that all indicators are selected correctly, complementing and filtering each other’s signals.
SEFK10 — the trading indicator is displayed as yellow and blue lines above and below the price, drawing local levels of support and resistance.
Signal arow — this indicator is copyright, it draws up and down arrows (entry points).
SEFK 05 — this forex indicator looks like two lines of red and green with a hatch between them. Green strokes between the lines are a bullish trend, orange — a bearish trend. The indicator is a modification of the Cross MA signal indicator known to all. Like its predecessor, created on the basis of the intersection of two moving averages, the only thing that has been changed is a graphical display. In the parameters, you can enter any used values of moving averages (everyone can optimize the parameters for themselves).
Bbands_Stop — the indicator is depicted as a yellow or green line with dots and up or down arrows. This indicator is based on Bollinger Bands and is used with parameter 15. This parameter can be optimized for the market. Its arrows are the entry points, and the stripes themselves are a filter. The green indicator is a bullish trend, yellow — a bearish trend.
SEFK bulls-bears — the indicator is in the first additional window and is displayed as red or green bars. In this system, it acts as a filter: red bars — we only sell, green bars — only we buy. SEFK bulls-beras is based on two standard MT4 trading platform oscillators: Bulls Power and Bears Power. The only setting parameter is the period, as with standard indicators, so its trader can optimize for himself.
Filter 1 — this indicator is in the second additional window and looks like a histogram of red and green colors. Performs a filter function. In the settings, you can set the indicator period (thus, optimizing it for yourself), as well as turn on the sound signal.
Filter 2 — the indicator is in the third additional window, displayed as a histogram of red and green. The system performs the function of a filter. In the settings you can set the indicator period, as well as the number of bars, on the basis of which the mathematical calculation will be carried out. The higher the number of bars, the more accurate the signal, but provided that you have enough historical data. Otherwise, the indicator will give false signals.
Signal — the indicator is in the fourth additional window in the form of columns of red and green. Performs a filter function. In the settings you can set the period, as well as enable sound alerts.
I will not describe the values of the informers, they are already visually understandable.
Signals to buy on the Forex strategy SEFC Trading System
We enter the purchase while observing a number of such conditions:
The SEFK10 indicator draws a support level in gray (either push off or break through this level).
The indicator SEFK 05 has either occurred or is currently crossing two moving averages. Shading between moving averages of green color.
The indicator line of the Bbands Stop indicator is green, and an upward green arrow has also appeared.
The Signal arow indicator draws an up arrow in blue.
The SEFK bulls-bears indicator bar is green.
The histogram of the Filter 1 indicator should be green.
The histogram of the Filter 2 indicator should be green.
The Signal bar should be green.
The indicators are redrawn, so we enter the position only by the closed bar.
Signals for sale on the forex strategy of SEFC Trading System
We enter the sale while observing a number of such conditions:
The SEFK10 indicator draws a yellow resistance level (either push off, or break through this level).
The indicator SEFK 05 has either occurred or is currently crossing two moving averages. The shading between the moving averages is yellow.
The indicator line of the Bbands Stop indicator is yellow, and a yellow down arrow has also appeared.
The Signal arow indicator draws a down arrow in white.
The SEFK bulls-bears indicator bar is colored red.
The histogram of the Filter 1 indicator should be red.
The histogram of the Filter 2 indicator should be red.
The Signal bar should be red.
The indicators are redrawn, so we enter the position only by the closed bar.
Money management
Proper money management is the key to stable and profitable trading. The risk per position should not exceed 2%. If for some reason you are not familiar with money management, I recommend that you read the useful articles on this topic on our website.
Conclusions of the author of the review
In the course of analyzing the SEFC Trading System forex strategy, I dare to suggest you throw out the Signal arow indicator from the system, since it is redrawn and is not actually connected by any indicators from the system. The only time I recommend using it is when looking for a point to add to your position. Although the SEFC Trading System’s forex strategy is overloaded with indicators, it didn’t get any harder from it, so I think both a novice and a pro can cope with it. A fair trend, gentlemen)