Forex Trend Surfer is a new forex robot yet to be released which I have received a few e-mails about it and its potential. The concept behind looks great and refreshing bringing something different to the table. Drawdowns are a thing of the past? Lets hope so!
EA Name | Currency Pairs | Timeframe | Strategy | ECN | 4&5 Digits | Take Profit | Stop Loss | Home Page |
Forex Trend Surfer | All Majors | H1 | Trend Surfing | Yes | Yes | Dynamic | 40-80 | Website |
Performance (Forex Trend Surfer Test Results)
Vendor has a $5000 account at $5300 balance but +$2400 in open trades!! I guess they really are serious about drawdowns being a thing of the past.
License
Pricing and payment processor are still unknown at this time for Trend Surfer.
Strategy
Pretty obvious what strategy this one uses, trend surfing. The plan seems to be to close the losers early, and ride the winners. I haven’t really seen any successful trend EA’s come into the market so lets hope this is the first. The emails I received indicate that this will work on all major currency pairs, but should be limited to a certain number depending on your account size. It should be noted that this is a long-term strategy, don’t expect profits over night. You can expect your account to actually lose a bit as it filters out the losers and the winners grow. Eventually you will get to a point where your open trades is always positive, so you just need the equity to get through the initial stages it seems.
Recommended Brokers
FX Open and Iam FX are two forex brokers to look into when using automated trading.
Conclusion
Forex Trend Surfer looks to have a lot of potential, going to keep a close eye on it and try to get an early copy for testing.
Safe To Buy?
MAYBE!
Price, payment processor and refund policy are still TBA.
Forex Trend Surfer Overall Rating