Trading strategy for MetaTrader 4 based on the SFT Trading Oscillator indicator
Multicurrency strategy - suitable for any currency pairs, as well as for trading metals, options and cryptocurrency (Bitcoin, Litecoin, Ethereum, etc.)
Trading can be conducted on any timeframe.
Depending on your preferences, it can be used both scalping and intraday, as well as medium-term and long-term.
The basis for opening deals is the SFT Buy Sell Slides indicator
It gives signals for inputs and shows the direction of the trend.
Trading can be conducted using this indicator alone.
And at the end of the article there are links to the indicator with a description and the possibility of free testing, as well as its video review.
Installation and Setup
Learn more about how to choose, install, test for free, as well as buy indicators, see YouTube on video tutorials.
The settings described in this manual are indicated for the EURUSD currency pair.
Other tools may require additional adjustment of the indicator parameters.
Experimenting a little, you can choose the settings for any trading tool.
Other tools may require additional adjustment of the indicator parameters.
Experimenting a little, you can choose the settings for any trading tool.
Trading with the SFT Buy Sell Slides indicator
Settings indicator :
- Buy Sell Slides Period (1 to 50) = 6
- Alert Message = true
- Alert Email = false
- Alert Mobile = false
Trading Rules
Appearance of signal points on the SFT Buy Sell Slides indicator is a signal to open trades
- When a red point appears, open Sell or Put (for options)
- When a blue point appears, open Buy or Call (for options)
- The trade direction must correspond to the trend direction on a higher timeframe.
- The indicator line from the higher time frame should be the same color as the signal point on the current chart.
- Exit the transaction on the opposite signal - when a point of another color appears
- After closing the order, you can immediately open a new deal, in accordance with the indicator signal
The direction of opened trades should correspond to the trend direction on a higher timeframe.
If you trade on M1 or M5, then you should focus on M30 and H1.
When trading on M15, M30 and H1, we focus on H4, D1 and W1, respectively.
Exit the transaction by the opposite signal (see picture).
If you trade on M1 or M5, then you should focus on M30 and H1.
When trading on M15, M30 and H1, we focus on H4, D1 and W1, respectively.
Exit the transaction by the opposite signal (see picture).
You can also exit the set orders SL and TP.
When using SL and TP, it is advisable to set SL for the nearest extremum, and TP to be equal to from 1 to 2 SL sizes.
When using SL and TP, it is advisable to set SL for the nearest extremum, and TP to be equal to from 1 to 2 SL sizes.
It is recommended to work with this strategy only with reliable and proven brokers. Who have no problems with the withdrawal of funds.
It is also desirable that ECN has accounts with a low spread and a low commission per transaction.
Before you decide to open a trading account, be sure to read online reviews about your broker.
Well, if you have difficulties with choosing a company, then in my blog you can find brokers with whom I personally work .
These companies can be trusted.
For more than seven years of experience working with them, no problems have arisen.
Always adequate trading conditions, quality support and quick withdrawal.
Choose any of them: LIST HERE
Try our other indicators,
among which there are completely free, as well as paid, but with the possibility of free self-testing.
A complete list of our products can be found here:
among which there are completely free, as well as paid, but with the possibility of free self-testing.
A complete list of our products can be found here:
Indicator and its review:
- SFT Buy Sell Slides indicator: https://www.mql5.com/en/market/product/36239
- Video review of the SFT Buy Sell Slides indicator : https://youtu.be/eHpwKqxw6dU
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