We are Trading Strategy Guides, who are a group of traders that have come together to help every type of trader become consistently profitable trading Forex, Stocks, Options, and Futures.
Whether you have traded for 10 years or are still learning what the term “price action” means, we are here to help you become and stay profitable in your trading habits.
What we decided to do was take one of the most popular and useful strategies that we developed and backtested, and make an indicator that automatically detects reversal patterns based on the powerful strategy.
Trading With the EFC Indicator
Copy the Indicator file into the /Indicator folder of your Metatrader software (Example: C:\Program Files/MetaTrader4/Indicator)
Price bar close as a trend in the bottom of the screen graphics
Plot indicator arrow just below the signaling candles
the trigger once the above conditions are met
Set a stop loss on each candle
Out length/take profit once the indicator arrow plot of Alpha trend