The SFI indicator is a non-replotted Forex technical analysis indicator used to predict price changes in the currency market. By using the SFI indicator, traders can make decisions about market entry and exit. SF accuracy is above 75%, indicating wrong signals, but the winning rate is higher than the wrong signals in the long run.
Until the candle close signal is not confirmed, on open candles the signal is not confirmed and you should wait until the candle close.
The SFI indicator system can provide you with trading signals that you can use as is or add additional chart analysis to further filter the signals, which is recommended. While the system can be used by traders of all experience levels, it may be helpful to practice trading on an MT4 demo account until you become consistent and confident enough to go live.
You can set SFI free forex Indicator to send you signal alerts via email, SMS or platform pop-ups. This is useful because it means you don’t have to stare at the charts all day waiting for a signal to appear and you can monitor multiple charts at the same time.
The SFI Indicator System is available for all Forex pairs. You can also use it in any time frame that suits you best, from 1 minute to 1 month of charts.