Surfing MT5

The Surfing MT5 Forex Software is a unique trading tool based on the Surfing strategy. Unlike other systems, it does not use the risky Martingale method. This Expert Advisor (EA) is designed to catch moments when the previous candle crosses the moving average indicator, eliminating false breakouts using the RSI MA indicator, while also analyzing the trend direction. By trading pending orders, the EA avoids false movements, ensuring more accurate entries into the market. If a pending order is not triggered and the chart reverses, the EA automatically deletes the pending order to prevent losses. Additionally, the EA incorporates the Trailing Stop feature for effective risk management. Please note that Take Profit is not placed according to the strategy.

Key Features:

• Based on the Surfing strategy without using Martingale
• Catches moments when the previous candle crosses the moving average
• Eliminates false breakouts using the RSI MA indicator
• Analyzes the trend direction for better trading decisions
• Trades pending orders to avoid false movements
• Deletes pending orders if the chart reverses
• Utilizes Trailing Stop for risk management
• Money management based on the Larry Williams method
• Trades infrequently, approximately 1 order in 3 days
• Compatible with any trading symbol
• Minimum recommended deposit is $100
• Recommended timeframe is M15 and H1

Testing and Adjustments:

As the market conditions change over time, it is recommended to periodically re-adjust the Surfing MT5 Forex Software based on historical data from the past 2 to 3 months. The EA trades less frequently but aims for higher accuracy. Experienced traders are advised to monitor and analyze the market to ensure optimal performance.

Settings and Parameters:

The Surfing MT5 Forex Software provides various adjustable parameters to suit individual trading preferences. Some of the key settings include:

• Period_MA1: Period of the moving average1 indicator
• Period_MA2: Period of the moving average2 indicator used for Trailing Stop
• Lots: Order lot size
• TrailingStep: Distance from the price to activate the Trailing Stop
• StopStep: Distance in points from High(Low) of the previous bar to open the pending order
• SLStep: Distance in points from the moving average to place the Stop Loss
• TakeProfitON: Enable/disable the use of Take Profit
• TakeProfit: Take Profit in points
• Shift_MA: Shift of the moving average used for trend detection
• MA_Method: Method for the moving average indicators
• TF_MA: Timeframe of the moving average for trend determination
• Period_MA_Long: Period of the moving average for trend determination
• Slippage: Slippage in points
• Magic: Magic number for identification purposes
• StartHour1: Trading start time
• EndHour1: Trading end time
• RSIPeriod: Period of the RSI indicator
• MA: Period of the moving average for the RSI indicator
• upRSI, downRSI: Range for RSI indicator to avoid opening false trades
• StopLossHardON: Enable/disable fixed Stop Loss
• StopLoss: Fixed Stop Loss in points
• LarryWilliamsMethod: Enable/disable Larry Williams money management method
• LWrisk: Risk percentage for money management
• LWpart: Percentage of deposit used by the EA

Independent Testing and Updates:

You can find independent testing of the Surfing MT5 Forex Software on the forexroboteasy.com website. The results of the testing are regularly updated, allowing you to stay informed about the performance of this product. Subscribe to receive updates and valuable insights into the EA’s trading results.

Conclusion:

The Surfing MT5 Forex Software is a reliable trading tool based on the Surfing strategy. It employs a unique combination of indicators to identify profitable trading opportunities while minimizing false breakouts. With its adjustable settings and risk management features, the EA offers flexibility for traders of all levels. Share your experience with the Surfing MT5 Forex Software and join the community of successful traders.