Page 1

Trend Surfer Pro

1

Trend Surfer Pro The Forex Day Trader System a system which allows catching high probability breakouts, trends and reversals

1


Trend Surfer Pro

2

Preface Welcome to Trend Surfer Pro, my proprietary trading system which paved the way to my success in the Forex Market. My name is Geza Varkuti, I am Hungarian, but I´ve lived more than 25 years in Germany. There I got to know Forex Trading and after many years I've become a professional trader. Over years of trading for a living, I have learned and used many trading strategies and tactics. However, I now use the Trend Surfer Pro Strategy. This is my most precious strategy, and today I am going to reveal it to you. Before I begin, you have to know three important things about this system: 1) The Trend Surfer Pro Strategy is very simple and very easy to implement. 2) The Trend Surfer Pro Strategy is automated. You will not need to be concerned with complex interpretations and hesitations. Certainly there are no tricks involved. 3) Tthe Trend Surfer Pro Strategy contains and applies the Money Management rules. Like all traders, I´ve lived through all the classical phases of trading (including complete loss). I´ve read all the different books, have assimilated the various wisdoms and – as it probably is with you too – I´ve learned it all but still produced losses. The net is full of so called „star analysts“, whose predictions – although all grounded with logic and scientific analysis – can be very different from one another. I´ve tried various signal-providers as well and I´ve had to give them up again one after the other. After a while they produce wins, but then the boot is on the other foot and suddenly they disappear from the market. Only slowly have I understood, that one is lost if one does not find his own way in this. Which is why I´ve invested a lot of time into building my own strategy. Forget all the analysts, indicators and predictions, the best indicator after all is the price itself – this is what our strategy is based on.

2


Trend Surfer Pro

3

The pillars of the strategy It is useless to study the economy news or to study the predictions of the analysts, just to know that EUR/USD will be rather bullish today. The main question is the time factor in day-trading – when exactly will it become bullish, and when does the correction come. Normally during a day there are 2-3 important and big moves: the first mainly comes from the London Session, so in the morning the second and probably the third are coming from the US-session. The US session is either following the main direction of the London session, or there is a counter move. This strategy is going to use all the possible moves ! Ideally you can make 2-3 good trades per day, and ideally even per forexpair. Obviously there are days when there is not much going on and there is nothing to be done (the strategy might even produce minimal losses during such days), but there just is no holy gray strategy. No strategy, no EA will work under all market conditions. The losses are calculated within the framework of the strategy and they will be compensated by a good money management strategy. Losses are simply part of the game, they have to be accepted. After countless experiments and backtests, I´ve developed this idea further, and have reached remarkable results with that. A note on the side: forget about the stress. It is very important to know, that the trader does not have to stare 12 hours per day at the screens, just to smoke one after the other and hope for something useable to happen. It as well works without stress and it is profitable... If you have any questions, you can contact me directly at my personal Direct Customer Care: support@fxsignal-pro.com So, go and make yourself a cup of coffee, relax, and let's begin‌

3


Trend Surfer Pro

4

How the EA works The EA identifies a trend rather early and opens a trade. After that it is managed by the money management module. If the trade closes with a win, it assumes that the trend will continue and with the next candle it opens a new trade (If the coniditions are met). If the trade should close with a loss, the system waits for two more candles and only opens a trade with the third (if the candle formation and the indicator give the signal). Whether it is going into the same direction or whether there is a turn, is decided based on an internal algorithm. This way we guarantee, that longer trends are used as long as possible but that it as well can identify the turn and got with the new trend in that case. Here an example:

4


Trend Surfer Pro

5

Installation After unpacking the ZIP-file you´ll find an indicator named: Var_Mov_ Avg3.mq4 And an EA: TrendSurferPro_1.2.ex4 And Presets-files with the ending: .set Please copy Var_Mov_Avg3.ex4into the indicator folder of your metatrader. e.g. c:\Programme\Meta Trader…\experts\indicators After that please copy the TrendSurferPro_1.2.ex4 into the expert-folder… e.g. c:\Programme\Meta Trader…\experts\ Now copy the presets into the preset-folder E.g. c:\Programme\Meta Trader…\experts\presets Now please restart the Metatrader. The best results are achieved with EUR/USD and EUR/GBP. We encourage you to use that pairs. The first step is the preparation of the chart. Choose for example EUR/USD into a timeframe of 30 minutes. The EA is optimized for a M30 timeframe. Please pull the TrendSurferPro_1.2 onto the chart.

5


Trend Surfer Pro

6

Here you can set certain parameters.

„Allow Live Trading” should be activated, whether you activate the manual confirmation well we´ll talk about that later. The configurations which are optimized for the certain pairs you can find in the presets. That means, when starting the EA, you should load the respective configurations from the preset-file.

6


Trend Surfer Pro

7

Click Load

Take your choice But please remember to adjust the lot-size based on the size of your capital! Here are the most important settings, but from Indicator Settings you should rather not change anything.

TakeProfit StopLoss

= 100 = 30

if =0 , it will put nothing here if =0 , it will put nothing here

7


Trend Surfer Pro

8

PercentRisk

Lots

=0

if =0, it will be deactivated but if diff of ZERO, you must put some value in "StopLoss" variable for us calculate the Risk - Lotsize If PercentRisk=0, Lots Value

= 0.10

MoveSLtoBreakevenby = 30 LockPips

=0

TrailingStopPips

Level1

= 30

= 60

Level1_TrailingPips = 20 Level2

= 80

Level2_TrailingPips = 15 MaxDistAllowed = 65

MinDistAllowed = 3

how many pips need to be valid to change one order (In pips, blocks) how many pips will lock from open price After the Breakeven: How many pips to do trailing. How many pips profit to change the TrailingStopPips variable to Level1_TrailingPips See above How many pips profit to change the TrailingStopPips variable to Level2_TrailingPips See above For advanced users only: Specifies the maximum pip value between price and indicator. If the value is too large (in this case more than 65) will not open a trade. A correction (and therefore a loss trade) is in the case very likely. For advanced users only: Specifies the minimum pip value between price and indicator. If the value is too low (in this case lower than 3) will not open a trade. The signal would too unstable.

The EA is opening the trade autonomously, based on your TP and SL defaults, and will apply the configured Money Management rules. Important: the EA is starting to work with being launched, and is looking for opportunities from that time on.

8


Trend Surfer Pro

9

It is important to know that the EA is working at best in volatile trend phases. If the market is moving sidewards, many error signals can come after one another. But even if 2-3 error signals make losses, these are equated with one single win trade. It is really rare that there are 3 consecutive error signals. But if you get a feeling for that, and have the feeling that error signals are coming, you can activate the manual confirmation in the EA and decide for yourself, whether you want to start the trade or not.

The Exit Strategy The EA is using a kind of a variable Trailing-Stop. The normal Trailingstop is constant, which means that it is as big at the beginning of the trade as close to the TP. In my opinion we should decrease the TP consecutively the closer we get to the target. Please think about it: let´s take a TS of 30 pips. Our tip is around 100 pips. 30 pips are only enough in the beginning, but if the trade is around 80 pips plus, we´re still missing around 20 pips to the target. If the tide has turned, the trade will close around 50 pips. This means that we have risked 30 pips for the missing 20 pips. One should take care of the risk/reward ratio just as if you had started the trade just now. This is why the EA is using a progressive TrailingStop. Now test the strategy. Take a Demo Account, and start “trading” with the 2 recommended pairs for 1-2 weeks. If you´re happy with the results (and you will be), you should start trading on a Live-Account. Finally the rules which you should keep to under all circumstances, that will make the difference between win or loss: • No stress, just do it! • Look ahead! 1-2 lost trades are not interesting. The time horizon is a week. • No manual Trade-closing! Use the SL/TrailingStop or the TP for having the trade closed. • There is no double risk with correlating paris (those still can run differently) Just be sure to stick to the trading rules, don't change them or give in to the temptation to close too early or to the fear of getting into a trade. And don't use high leverage! It always kills your account, no matter how good your strategy is. So be careful with your trade sizes.

9


Trend Surfer Pro

10

Ok my friend; this is where you start the profitable part of your Forex journey. I hope you enjoyed this eBook, and will make full use of the powerful secrets within it. I wish you the best of luck, and hope you'll know how to make your dreams come true! All the best, FX Signal Pro

Copyrights TrendSurferPro Copyright © 2010 FX Signal Pro Var_Mov_Av3 Copyright © 2004, by GOODMAN & Mstera è AF

10


Trend Surfer Pro

11

RISK DISCLOSURE & AGREEMENT The contents of this eBook are for informational purposes only. No part of this publication is a solicitation or an offer to buy or sell any financial market. Examples are provided for illustration purposes and should not be construed as investment advice or strategy. All trade examples are hypothetical. No representation is made that any account or trader will or is likely to achieve profits or losses similar to those discussed in this eBook. By reading this eBook, and/or subscribing to our mailing list and/or using our website you will be deemed to have accepted these and all other terms found on our webpage fxsignal-pro.com in full. The information found in this eBook is not intended for distribution to or use by any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation, or which would subject us to any registration requirement within such jurisdiction or country. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment. Therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Neither the authors nor any of their associated companies bear any responsibility for the accuracy, content, or any other matter related to the publication, any external site or for that of subsequent links, and accepts no liability whatsoever for any loss or damage arising from the use of this or any other content. Such publications and sites are not within our control and may not follow the same privacy, security, or accessibility standards as ours. Please read the linked websites' terms and conditions.

11


Trend Surfer Pro

12

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS. PERFORMANCE POSTED BY SYSTEM PROVIDERS MAY HAVE HAD LITTLE OR NO EXPERIENCE IN TRADING ACTUAL ACCOUNTS FOR ITSELF OR FOR CUSTOMERS. BECAUSE THERE ARE NO ACTUAL TRADING RESULTS TO COMPARE TO THE HYPOTHETICAL PERFORMANCE RESULTS CUSTOMERS SHOULD BE PARTICULARLY WARY OF PLACING UNDUE RELIANCE ON THESE HYPOTHETICAL PERFORMANCE RESULTS. PERFORMANCE POSTED BY SOME SYSTEM PROVIDERS MAY HAVE HAD LITTLE OR NO EXPERIENCE IN TRADING ACTUAL ACCOUNTS FOR ITSELF OR FOR CUSTOMERS. Notice of Rights: All rights reserved. No part of this eBook may be reproduced or transmitted in any form by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher.

12

Trend Surfer Pro (en)  

High Quality Forex Trading System

Read more
Read more
Similar to
Popular now
Just for you