You are going to benefit from this indicator by learning to trade divergence, and finding a low risk way to sell near the top or buy near the bottom of a trend.
This indicator will identify a break of a trend and take advantage of the movement to the opposite direction.
When an entry is triggered, it will show you the best place for your stop loss, and take profit. It calculates an adjustble risk to reward ratio anywhere from 1 to 1 up to 1 to + and places the lines on your chart! The benefit of having a 1 risk to 3 reward ratio is that you only have to win 33% of your trades to be profitable and the EFC Indicator wins much more than that!
This indicator has everything built inside of it so you do not have to lift a finger to figure out where to enter the trade or place your stop loss or were to exit the trade!
This indicator is based on our RSI 80-20 Trading Strategy.
This can be used on any market or time frame.
Go to our TSG website for more information.