Trading strategies with indicator SFT Market Line

Depending on your preferences can be used as a scalping and intraday, as well as medium and long term.
The SFT Market Line indicator serves as a basis for opening transactions.
It automatically adjusts to any trading instrument and determines basic market conditions, such as:
Flet, Trend, Overbought and Oversold.
Trading can be performed using this indicator alone.
At the end of the article there are links to the indicator with the description and possibility of free testing, as well as a video review of its features.
Translated with www.DeepL.com/Translator (free version)

Setting up and Configuring

For more information on how to choose, install, free test and buy indicators, see YouTube in the training videos.
The settings described in this instruction are for the EURUSD currency pair.
For other instruments, you may need to make additional adjustments to the indicator parameters.   
Having experimented a little, you can choose the settings for any trading instrument.

Trading with the SFT Market Line indicator

Indicator settings :
  • Market Line Period = 10
  • Chart Depth = 5000
  • Levels color = Silver

Trading Rules 

  • Market Flat - Market Line is between levels -10 and 10, the histogram is colored in silver - you can trade within the channel, opening positions from the borders to the middle of the channel;
  • Up Trend Market - the Market Line is between levels 10 and 20, the histogram is blue - you can trade in the trend by opening Buy or Call positions (for options);
  • Down Trend Market - Market Line is between levels 10 and 20, the histogram is red - you can trade in a trend by opening Sell or Put positions (for options);
  • Overbought market - Market Line is above level 20, histogram is green - you can trade on rollback by opening Sell or Put positions (for options);
  • Oversold Market - Market Line is below -20, histogram is colored purple - you can trade on rollback by opening Buy or Call positions (for options);
  • The direction of the trade must match the direction of the trend on the older timeframe.
If you are trading on M1 or M5, you should target M30 and H1.
If you trade on M15, M30 and H1, you should focus on H4, D1 and W1 respectively.  

Exit from the transaction is performed at crossing of the Market Line of zero line.

It is also possible to exit by the established SL and TP orders.
When using SL and TP, it is desirable to set SL at the nearest extremum, and TP to be equal to 1 to 2 SL sizes. 

This indicator has proved itself when used together with the free SFT Bullet Arrow indicator.

SFT Market Line
It is recommended to work on this strategy only with reliable and proven brokers. They have no problems with withdrawal of earned money.
It is also recommended to have ECN accounts with a small spread and low commission for a trade.
Before you decide to open a trading account, be sure to check the online reviews of your broker.
And if you have any difficulties in choosing a company, here you can find reliable and proven brokers.

You can trust these companies.
There have been no problems with them for more than seven years.
Always adequate trading conditions, quality support and fast withdrawal.
Choose any of them:  LIST HERE 

Try our other indicators as well, 
which are completely free, as well as paid, but with the possibility of free independent testing.  
The full list of our products can be found here:   


The indicator and its overview:


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