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.
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.
