The SEFC05 Trend Cloud indicator for Metatrader 4 is a precise buy/sell trend cloud that works for both trade entries and exits.
The indicator appears in the main MT4 chart as an orange and green colored buy/sell trend cloud.
SEFC05 is very reliable, lightweight, and will not slow down your trading platform.
Buy & Sell Signals:
- Open a buy trade as soon as the SEFC05 indicator starts drawing the orange trend cloud (bullish).
- Open a first trade as soon as the SEFC05 indicator starts drawing the green trend cloud (bearish).
- Reverse the position as soon as an opposite signal occurs on the chart.
The SEFC05 indicator can also be used together with your own favorite trading strategy for improved performance.
The indicator works equally well on all assets (Forex, CFD stocks, Indices, Cryptocurrencies, Commodities,..) and shows promising results if used correctly.
Free Download:
Download the “SEFC05.ex4” indicator for MT4
Indicator Example Chart (EUR/USD H1)
The picture below shows the SEFC05 Trend Cloud mt4 indicator in action on the trading chart.
Trading Tips:
Utilize your own favorite trade entry, stop loss and take profit method when trading with the SEFC05 Trend Cloud indicator.
As always, trade in agreement with the overall trend and practice on a demo account first until you fully understand this indicator.
Please note that even the best trading indicator cannot yield a 100% win rate over long periods.
Indicator Specifications & Inputs:
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Input Parameters: Variable (inputs tab), color settings & style
Indicator type: Trend
Repaint? No.
Download Now:
Download the “SEFC05.ex4” indicator for Metatrader 4
Installation:
Open the Metatrader 4 platform
From the top menu, click on “File”
Then click on “Open Data Folder”
Then double click with your mouse button on “MQL4”
Now double click on “Indicators”
Paste the SEFC05.ex4 indicator in the Indicators folder.
Finally restart the MT4 platform and attach the indicator to any chart.
How to remove the indicator?
Click with your right mouse button in the chart with the indicator attached onto it.
Select “Indicator List” from the drop down menu.
Select the indicator and press delete.
How to edit the indicator’s inputs and parameters?
Right click with your mouse button in the chart with the indicator attached onto it.
From the drop down menu, click on indicators list.
Select the indicator from the list and press edit.
Now you can edit the indicator.
Finally, press the OK button to save the updated configuration.