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Synthetic indices course: syllabus and method

By Luis Sanches y Milton Bertillo, mentors at SHEFA Trading Academy · Updated 21 September 2026 · Reading time: 6 min

Synthetic indices have two features that justify a dedicated course: the price is generated by the broker (there is no underlying asset or news to read) and they are open 24/7 (there is no bell that forces you to stop). This is the syllabus followed to turn those two features into a measurable method.

Syllabus in eight blocks

BlockWhat you learnHow it is assessed
1. The productWhat a synthetic index is, who generates it, which families exist (Volatility, Crash and Boom, Step, Jump, DEX, Range Break and each broker's own) and what the number in the name really means.Identify instruments and families on the platform and explain what differentiates them.
2. Contract and platformLocate the symbol specification and read contract size, tick, tick value, margin, spread and trading hours. Understand symbols with different names across brokers.Your own fact sheet filled in with the data for your instruments (not copied from any website).
3. Risk and sizeRisk per trade, daily and weekly limits, why the chosen percentage matters and how risk doubles with correlated positions.A series of correctly solved position-sizing calculations for several instruments.
4. Structure and invalidationDefine where the idea breaks before thinking about entry; relevant ranges, breakouts and corrections; set a target and its relationship with risk.Charts marked with written rules before entry (without ambiguity).
5. Position managementBreak-even, partials and structure-based trailing; the rule of never moving the stop against you and why excessive intervention destroys measurement.Journal with the management applied and the reason for each action.
6. MeasurementExpectancy in R, payoff, maximum losing streak, drawdown and review in blocks of 50 trades to decide whether a variant is still alive.Your own results report with the same numbers used in class.
7. AutomationWhat to delegate to an MT5 expert advisor (size, stops, limits, trading hours) and what not to; in-house tools and their installation.Tool installed and tested on demo, with risk calculated by the EA itself.
8. Final reviewConsolidate rules, limits and daily routine; decide when to move to live using criteria (minimum sample and acceptable drawdown).Written trading plan and trading audited against the plan.

How to practise

The trading block draws on the public guides: lot size calculation, risk management y why the martingale wipes out the account.

Who it suits and who it doesn't

ProfileFit
Someone starting from scratch who wants orderHigh: the programme starts with risk, not entries.
Someone already trading forex who wants to add syntheticsHigh: you have to relearn size and trading hours (the market doesn't close and there are no catalysts).
Someone looking for signals or quick resultsNone: no signals are given here and no results are promised.
Someone who wants to delegate everything to a botLow: automating makes sense after you have a measured system, not before.

What it doesn't include

How to access it

The guides are free and open: start with what synthetic indices are. Supported training, live classes and the tools are managed from the private student area; current plans and conditions can be consulted in the plans section or by writing to soporte@shefatradingacademy.com.

Frequently asked questions

What does the syllabus include?

Eight blocks: product and families, contract and platform, risk and sizing, structure and invalidation, position management, measurement, automation and final review of the plan.

Do you practise on live or demo?

You practise on demo with the same rules and record-keeping as on live, and move to live when trading is measured: minimum sample, risk per trade and limits defined in writing.

How is progress checked?

With verifiable deliverables: your own contract sheet, position size calculations, written rules and a journal with results in R. No 'attending class' as a measure.

Does it work for forex or gold?

The method's skeleton does; what changes are each market's own features (hours, point value, cost and catalysts). See gold y synthetics versus forex.

Do you teach automation?

Yes: what to delegate to an EA (sizing, stops, limits, schedules) and what not to. Automation is applied to an already measured system, never before.

Before paying anything, read for free

All the syllabus guides are published and open. If they are useful to you, supported training makes sense; if they are not, you have saved your money.

View the guides →

Keep reading

Risk warning. Synthetic indices are leveraged products with a high risk of loss; most retail accounts lose money. Training does not guarantee results. Informational content, not financial advice.