SEFC Palato Formula Universal Forex Trading System
The SEFC is a Forex Trading System that uses multi-timeframe and uses different kinds of indicators. It is good to use on a daily timeframe.
LIST OF INDICATORS:
SEFC01 : Daily Support Resistance
SEFC02 : Candle Remaining Time
SEFC03 : Price Monitor
SEFC04 : Smooth RSI
SEFC05 : Crossed Moving Average
SEFC06 : SEFC Backbone
SEFC07 : Long Trend Meter
SEFC08 : Bull Bear Meter
SEFC09 : Smooth Stochastic
SEFC10 : Dynamic Support Resistance
SEFC11 : Alligator
SEFC Bands1 : Inside Bands
SEFC Bands2 : Middle Bands
SEFC Bands3 : Outside Bands
Envelopes : Envelop Bands
Trading Rules:
Long Entry:
- The SEFC05 crosses upward of SEFC08: Blue Zone.
- The SEFC06: Below candle
- Consider Take consideration when the price also on the Buying, Neutral or Selling Zone of SEFC01
- Very Strong signal when all indicators are united to long direction
Short Entry:
- The SEFC05 crosses downward of SEFC08: Red Zone.
- The SEFC06: Above Candle
- Consider when the price is also in the Selling, Neutral or Buying Zone of SEFC01
- Very Strong signal when all indicators are united to short direction
NOTES:
Do not trade when SEFC05 crossed up but SEFC08 in Red Zone, and vice versa. Just wait for all indicators to agree on the direction of the current market being formed.
Building your Money Management is a must! But being patience and discipline waiting for the trading signal is the most important key to this system.
SEFC10 (Dynamic Support Resistance) repaints. Wait for 4 or 5 bars to be formed for the powerful valid signal.
Scissor will warn you about reversal correction pattern development
The Overbought and the Oversold area in lower indicator window can be used as a swing trading guidelines.
Use SEFC Bands to indicate rebound pattern. Watch out when the price hits the SEFC Bands 2 or 3. It would be a great opportunity of profit taking when all indicators are agreed with the market direction.
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