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1 Trend Surf The Forex Day a system which breakouts, tre Trend S fer Pro y Trader System h allows catching high prob ends and reversals Surfer Pro 1 bability

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High Quality Forex Trading System

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Page 1: Trend Surfer Pro (en)

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Trend Surfer Pro

The Forex Day Trader System

a system which allows catching high probability

breakouts, trends

Trend Surfer Pro

Trend Surfer Pro

The Forex Day Trader System

a system which allows catching high probability

trends and reversals

Trend Surfer Pro

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a system which allows catching high probability

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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.

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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 forex-

pair. 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:

[email protected]

So, go and make yourself a cup of coffee, relax, and let's begin…

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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:

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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.

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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.

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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 = 100 if =0 , it will put nothing here

StopLoss = 30 if =0 , it will put nothing here

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PercentRisk = 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

Lots = 0.10 If PercentRisk=0, Lots Value

MoveSLtoBreakevenby = 30 how many pips need to be valid to

change one order (In pips, blocks)

LockPips = 0 how many pips will lock from open

price

TrailingStopPips = 30 After the Breakeven: How many pips to

do trailing.

Level1 = 60 How many pips profit to change the

TrailingStopPips variable to

Level1_TrailingPips

Level1_TrailingPips = 20 See above

Level2 = 80 How many pips profit to change the

TrailingStopPips variable to

Level2_TrailingPips

Level2_TrailingPips = 15 See above

MaxDistAllowed = 65 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.

MinDistAllowed = 3 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.

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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.

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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

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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.

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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.