What's new

Strategy EFC indicator for accurate trade entries-Find Winning Trades 2019

3.00 star(s) 1 Vote

Rubiano Almeida

New Member
EFC indicator for accurate trade entries-Find Winning Trades 2019

https://forexwinners.ru/forex/efc-indicator-for-accurate-trade-entries-find-winning-trades-2019/

The EFC indicators can be customized to your preferred settings. This indicator works the same way on every time frame (M1-MN).It is recommended that you stick with the one time frame when you make a trade that the indicator triggered on. The entry line forms when the RSI hits a critical level and the candles turn orange (default color). Then when divergence occurs with price action and RSI dark blue candles will form (default color).

When a BUY trade is triggered the remaining candles will turn green until the set stop loss or take profit is reached. When a SELL trade is triggered the remaining candles will turn red until the set stop loss or take profit is reached. You will also see a green arrow point up (for a buy) or a red arrow pointing down (for sell). The take profit and stop loss levels are auto set to 1 risk to 3 reward ratio.

 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Similar threads

Suggestion EFC 1.06
  • 1.00 star(s) 1 Vote
Replies
1
Views
363K

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)

Top
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock    No Thanks