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High Quality Forex Trading System
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1
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
Trend Surfer Pro
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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:
So, go and make yourself a cup of coffee, relax, and let's begin…
Trend Surfer Pro
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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.
Trend Surfer Pro
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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.